Kichler Lighting of Solon is being sold for about $125 million to a Los Angeles-based private investment firm, Kingswood Capital Management. Livonia, Michigan-based Masco Corp. (NYSE: MAS), a ...
“Kichler is consistently recognized as a top lighting brand used by homebuilders,” said HomeSphere President and CEO Greg Schwarzer. “Together with Progress Lighting, a long-time HomeSphere customer, ...
LOS ANGELES – Kingswood Capital Management has acquired Kichler Lighting for an undisclosed sum. The company said it will merge Kichler with its current portfolio company, Progress Lighting. “This ...
SOLON, Ohio, May 9, 2024 /PRNewswire/ -- As the spring real estate season gets underway, Kichler Lighting, a leader in innovative lighting and ceiling fans, shares valuable insights from its recent ...
LIVONIA, Mich.--(BUSINESS WIRE)--Masco Corporation (NYSE: MAS) announced today that it has signed a definitive agreement to sell its Kichler Lighting business to an affiliate of Kingswood Capital ...
Los Angeles-based private equity firm Kingswood Capital Management announced the acquisition of lighting manufacturer Kichler Lighting from Masco Corp. for approximately $125 million. The transaction ...
Masco: Sale of Kichler Lighting Business Will Boost Margins; We Maintain Our $82 Fair Value Estimate
On Sept. 3, Masco announced it has entered into a definitive agreement with Kingswood Capital Management to sell its Kichler lighting business for $125 million, a steep markdown from the $550 million ...
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