Progress Lighting Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Progress Lighting Inc. - overview
Established
1906
Location
Greenville, SC, US
Primary Industry
Consumer Products
About
Based in South Carolina, US, and founded in 1906, Progress Lighting offers a diverse range of lighting fixtures and ceiling fans catering to diverse aesthetic preferences and functional needs. In December 2023, Kingswood Capital agreed to acquire Progress Lighting, a division of Hubbell Incorporated, for USD 131 million. Progress Lighting offers an array of lighting solutions that cater to various spaces and design sensibilities. Their product range includes chandeliers, pendants, bath and vanity lights, ceiling fans, outdoor lighting, and recessed downlighting.
Each category offers a diverse selection of designs, sizes, shapes, and finishes, enabling customers to find fixtures that resonate with their styles and preferences. The company's collections like Saucedo, Richmond Hill, Schaffer, and Silva redefine spaces with architectural elements and refined aesthetics.
Current Investors
Kingswood Capital
Primary Industry
Consumer Products
Sub Industries
Consumer Electronics, Solid State Lighting (SSL)
Website
www.hubbell.com/progresslighting/en/
Verticals
E-commerce
Total Amount Raised
Subscriber access only
Progress Lighting Inc. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Corporate Carve Out | Completed | Progress Lighting Inc. | - |
Displaying 1 - 1 of 1
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.