Principal LED, LLC

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Principal LED, LLC - overview

Established

2010

Location

San Angelo, TX, US

Primary Industry

Electronics

About

Founded in 2010 and based in Texas, US, Principal Industries, LLC engages in providing LED solutions primarily for the signage industry. In November 2024, Wynnchurch Capital, along with the company's management, acquired Principal Industries, LLC. Principal Industries is a provider of LED solutions, focusing on brand imaging through signage and architectural illumination. The firm’s core product offerings encompass advanced LED lighting solutions designed specifically for the signage market, including a range of products tailored for both new installations and retrofitting existing structures.


The company’s brands include Principal Sloan, SloanLED, Principal Services, Ventex Technology, and LED Wizard that serve diverse clientele, including retailers, hospitality businesses, and petroleum companies across North America and international markets. The integration of these brands allows Principal Industries to address complex physical branding requirements through technology-driven product development and innovative engineering. Principal Industries generates revenue through a multi-faceted transaction structure that includes B2B partnerships and direct sales to commercial clients. The firm’s revenue model involves the sale of LED products and services, including patented technologies and specialized lighting solutions.


The organization plans to use the November 2024 funding to expand its service offerings and geographic market presence through organic growth initiatives and acquisitions.


Current Investors

Wynnchurch Capital, Valesco Industries

Primary Industry

Electronics

Sub Industries

Advertising Agencies & Media Buyers, Electronic Components & Semiconductor Wholesalers, Solid State Lighting (SSL), Electronic Components

Website

www.principalsloan.com/

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Principal LED, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedPrincipal LED, LLC-
BuyoutCompletedPrincipal LED, LLC-

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