Sector: Specialist Distribution
Deal Type: MBO / Growth Capital
Location: London, UK
Press Release: Bay Tree Private Equity make inaugural investment
About Prime Light Group
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.
Since joining Prime Light, I have been impressed by the quality of the business, its people and its potential. Bay Tree has been a supportive and engaged partner, bringing a clear strategic perspective while allowing the management team to drive the business forward. Together, we are focused on strengthening the platform and delivering the next phase of growth”.
Catherine Connolly – Executive Chair
The Bay Tree difference
Hands-on involvement in the recruitment of a chair and other senior managers. Facilitation of the development of a growth strategy, including in the new area of energy-efficient lighting controls. Sourced the opportunity to acquire Emergency Lighting Products and led the negotiation and execution of the acquisition.
