Sector: Specialist Distribution
Deal Type: MBO / Growth Capital
Location: London, UK
Press Release: Bay Tree Private Equity make inaugural investment
About Prime Light Electrical
Founded in 1992, Prime Light is a leading value-added distributor of lighting and control components. It provides technical-led solutions for customers in a wide array of different sectors and represents international market leading manufacturers.
Investment rationale
Whilst growing Prime Light’s position as a leading component distributor in the UK lighting industry, we are investing in the company’s connected wireless control solutions as customers increasingly demand Smart Lighting and Buildings and the related improved energy efficiency outcomes they deliver.
“The investment from Bay Tree will allow us to accelerate our exciting growth strategy. The Management team are delighted to be backed by an equity provider who quickly understood the opportunity to establish Prime Light in dynamic new markets like Smart Lighting. It is already quite evident how much added value Bay Tree can contribute to our business”.
Sean Hounslow – MD
The Bay Tree difference
Bay Tree has prepared Prime Light for its next phase of growth through hands-on involvement in the recruitment of a chair and senior management team to support MD, Sean Hounslow; the development of a growth strategy including controls; and significant investment in the both sales and digital capabilities of the organisations.
