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SloanLED Acquires Litecorr

socalTECH

Ventura-based SloanLED , a developer of LED lighting products and power supplies, has acquired Litecorr , a LED lighting products manufacturer, according to private equity investor Baird Capital. Financial terms of the acquisition were not announced. Litecorr serves the commercial and industrial market, the companies said.

Ventura 113
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ACG 101's Annual MandA Update

SoCal Tech Calendar

Total merger and acquisition deal volume in 2011 increased 24% from 2010, with over 16,000 transactions aggregating to $1.1 Multiples for middle market companies remained relatively strong in 2011, at an average of 8.2x trillion in value. Moderator: Richard Maire, Partner, Manatt, Phelps and Phillips, LLP. See [link] (more)

ACG 113