Thursday, April 1, 2010
Plethora Businesses announces the sale of Delux Custom Lighting, a custom commercial lighting fixture manufacturer based in Southern California.
Founded 10 years ago, Delux Custom Lighting provides high quality lighting products in coordination with customer design specifications. The company has over 50 independent representatives in nearly every state in the U.S and contracts with all major national distributors. It's portfolio of clients includes retailers, restaurants, schools, libraries, bookstores, hospitals, and correctional facilities.
The buyer of Delux Custom Lighting is a manufacturing engineer with over 20 years of experience with national and local manufacturing companies. He brings to Delux a high level of management acumen and technical expertise.
To complete the ownership transfer, Plethora Businesses consulted with the owner of Delux Custom Lighting and completed a company valuation in the early phases of the transaction. After screening and qualifying the buyer, Plethora managed negotiations, assisted in securing funding and closed the deal.
Plethora Businesses is Southern California's leading M&A firm specializing in business sales, mergers, acquisitions and valuations. Offering senior level attention from start to finish, Plethora is dedicated to developing creative solutions to achieve clients M&A objectives.
For more information on business acquisitions completed by Plethora Businesses, please contact George Lanza at (714)255-8862.