VC-backed Lumenpulse acquires SDL Lighting at $3.2M

VC-backed Lumenpulse acquires SDL Lighting at $3.2M
March 24
10:47 2015

Lumenpulse Inc., a manufacturer of high-performance, specification-grade LED lighting solutions, announced that it has acquired SDL Lighting Inc. (SDL), a Québec City designer and manufacturer of outdoor LED luminaires, for $3.2 million.

The transaction adds fully complementary LED solutions to the product portfolio to expand the addressable market; and accelerating entry into the high performance architectural, area, urban, pedestrian and professional landscape lighting segments.

Lumenpulse went public in 2014, but continues to be backed by Canadian venture capital firms.

Stéphane Doiron, President and CEO of SDL, will serve as a consultant to Lumenpulse following completion of the transaction.

Press release.

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