Company becomes part of newly formed entity, Revalize, the only global, at-scale provider of sector-specific manufacturing software solutions.
Denver, Colorado (December 1, 2021) – The Forbes M+A Group (Forbes), a leading middle market transaction advisory firm, served as the exclusive advisor to Lighting Analysts, Inc. earlier this year in its acquisition by private equity firm, TA Associates. Lighting Analysts, the author of industry standard tools used in architectural lighting applications, joins Revalize, a grouping of software platforms orchestrated by TA Associates. Revalize provides manufacturers, distributors, dealers, and agents with tools that enable sellers of configurable products to apply, quote, and sell engineered products.
“We knew this would be a robust and competitive process and were confident that the Forbes team would do a great job for us,” said Lighting Analysts Cofounder, Todd Saemisch. “They reached out to both national and international targets, found the right buyer, and the deal was done quickly.”
Added David Speer, also Cofounder, “Forbes recognized that our small team is capable of doing big things in a global market and drove valuation that exceeded our expectations. We couldn’t be happier with the Forbes team!”
Dan Pellegrino and Garit Lawson, Managing Directors at the Forbes M+A Group, provided M&A advisory for Lighting Analysts. “We didn’t just go for the typical buyer. We recognized that we were addressing a small niche of ideal buyers and thus positioned the business to reflect value above and beyond simply dollars and cents. We targeted buyers capable of looking deeper than the numbers to understand the true value of Lighting Analysts’ reputation and market share,” explained lead Forbes advisor, Dan Pellegrino. “When TA emerged as a buyer, it was clear that Lighting Analysts would be a great fit in their investment portfolio and consequently a perfect landing spot.”
Garit Lawson added, “It was such an honor to work with these two cofounders to take the baby they started in a garage in 1984 to a place that’s way beyond their expectations for growth. Helping our clients through the lows and highs that come with any process like this is why we do what we do. We don’t just think of Dave and Todd as clients, we consider them friends!”
Forbes’ Lighting Analysts advisory team also included Associate, Cassie Dobos, and Analyst, John Kiernan
About Lighting Analysts
Lighting Analysts has been recognized as the author of “Industry Standard” calculation tools for architectural lighting applications. Our products are used worldwide by lighting professionals of all types; from manufacturers to specifiers (engineers, lighting designers), sales representatives, and many government agencies (military, state, and provincial DOT’s). Our software has been recognized through repeated real-world comparisons as accurate and reliable.
About TA Associates
TA is a leading global growth private equity firm. Focused on targeted sectors within five industries – technology, healthcare, financial services, consumer, and business services – the firm invests in profitable, growing companies with opportunities for sustained growth, and has invested in more than 500 companies around the world. Investing as either a majority or minority investor, TA employs a long-term approach, utilizing its strategic resources to help management teams build lasting value in high quality growth companies. TA has raised $33.5 billion in capital since its founding in 1968 and is committing to new investments at the pace of over $3 billion per year. The firm’s more than 100 investment professionals are based in Boston, Menlo Park, London, Mumbai, and Hong Kong. More information about TA can be found at www.ta.com.
About The Forbes M+A Group
The Forbes M+A Group, founded in 2004, with offices in Denver, CO, Salt Lake City, UT, and Nashville, TN, is an award-winning investment bank with expertise in mergers and acquisitions, capital formation, and financial restructuring within the middle market. Senior advisors at The Forbes M+A Group have 250+ years and $85 billion of combined transaction experience across a wide variety of industries and around the globe. The Forbes M+A Group has been recognized regionally as the M&A Firm of the Year for the past five years. For more information, please visit us at www.forbesma.com or phone at (303) 770-6017.
Forbes Media Contact: Kelly FitzGerald 303-558-1462
For more information on this and other transactions, contact The Forbes M+A Team.