Saturday, August 20, 2022

Sustainability-focused private equity investor acquires Collingwood Lighting

Ambienta, the sustainability-focused private equity investor, has acquired Collingwood Lighting Technology Group (UK), a designer, manufacturer and distributor of LED luminaires for residential, landscape and commercial & light industrial applications.

Headquartered in Sywell, Northamptonshire, Collingwood was founded in 1901.

Collingwood’s management team, led by Steve Grao, CEO, will retain a significant stake in the company. Ambienta’s partnership with Collingwood will enable the management team to pursue a combination of organic and inorganic growth initiatives with the strategic vision to create a pan-European market leader within LED luminaires.

Steve Grao, CEO of Collingwood, said: “I am proud of what Collingwood has achieved so far and I look forward to accelerating growth by taking advantage of the many growth drivers I see on the market, including acquisitions. I truly believe Ambienta, as the leading European Private Equity investor in sustainability, is the right partner to enable Collingwood to reach the next level.”

Matthew Norrington, Principal at Ambienta, said: “We are backing a first-rate and proven management team who have a clear strategic vision and strong ambition to transform Collingwood into a leading Pan European LED luminaires provider.”

Francesco Lodrini, Partner at Ambienta, said: “Collingwood fits perfectly with our strategy of supporting mid-sized companies backed by long-term sustainability trends to expand organically and through international M&A. This is the second acquisition completed by Ambienta in the UK in the last 12 months, further confirming our long-term commitment to a strategic region.”

Ambienta was advised by DC Advisory (M&A and debt advice), Alvarez & Marsal (financial, tax and operational), PwC (commercial and tax structuring), Osborne Clarke (legal) and Willis Towers Watson (insurance).

The deal was led for Ambienta by Mauro Roversi, Francesco Lodrini, Matthew Norrington and Ayan Ahmed.

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemic having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £33.60 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.







Latest news

Related news

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close