Lighting Technologies International, LLC
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Lighting Technologies International, LLC - overview
Established
1999
Location
-, CA, US
Primary Industry
Electronics
About
Lighting Technologies International (LTI) is dedicated to producing high-performance xenon lamps tailored for cinema and entertainment applications, ensuring superior light output for enhanced viewing experiences. Founded in 1999 in Baldwin Park, US, Lighting Technologies International (LTI) specializes in xenon lamps for cinema applications. In November 2016, Saratoga Partners and Graycliff Partners acquired Philips Lighting’s Xenon Cinema business, rebranding it as Lighting Technologies International, LLC. Lighting Technologies International (LTI) specializes in the production of high-performance xenon lamps designed for cinema and entertainment applications.
Their core product offerings include various sizes and wattages of xenon lamps, catering to a broad spectrum of projection needs. LTI's lamps are engineered to deliver superior light output, ensuring vibrant and consistent picture quality throughout their operational lifespan. These products are primarily utilized by cinema operators, including independent theatres and larger cinema chains, to enhance the viewing experience for audiences. Geographically, LTI serves markets in North America, Europe, and Australia, providing tailored solutions that meet the distinct needs of cinematic operations in these regions.
LTI generates revenue through direct sales of its xenon lamps and associated products to cinema operators and projection facilities. The company operates on a B2B transaction structure, where customers place orders for lamps based on their specific requirements, often involving bulk purchases to optimize cost-efficiency. LTI's flagship products, including its LongPlay Extreme and LongPlay Xenon Lamps, are priced competitively to reflect their quality and longevity, with a focus on maximizing lamp hours and reliability. The sales process typically includes consultation to determine appropriate wattages and sizes for different projection systems, reinforcing the company's commitment to customer service and satisfaction.
Following the acquisition in November 2016, Lighting Technologies International (LTI) aims to expand its product line with new xenon lamp models designed for advanced projection systems, expected to launch by mid-2018. The company plans to penetrate additional markets in Asia and South America by the end of 2019, leveraging recent funding to enhance product development and marketing outreach. The recent funding round will be allocated to support these growth initiatives and bolster the company's market presence.
Current Investors
Saratoga Partners, Graycliff Partners
Primary Industry
Electronics
Sub Industries
Consumer Electronics, Electronic Components
Website
www.ltilighting.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Lighting Technologies International, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Lighting Technologies International, LLC | - |
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