efectoLED has acquired Lyco Group Ltd.
June 2022 — efectoLED, a portfolio company of Miura Partners, has acquired Lyco Group Ltd.
efectoLED is one of Europe’s leading online retailers of technical and decorative LED lighting, with a focus on the B2B channel. Founded in 2007 and based in Valencia, Spain, the company markets a wide portfolio of references to more than 500,000 customers, with Spain, France, Italy and Portugal being its main markets. In 2018, Miura Partners took a majority stake in order to accelerate the company’s internationalization plan.
Lyco Group is a UK-based B2C and B2B multi-channel distributor of lighting products. The company operates four online lighting distribution sites that include both third party and own branded products. In addition, Lyco Group has a B2B channel, serving corporate customers in a variety of sectors, including hospitality, healthcare and education, among others. With this acquisition, efectoLED positions itself as a reference in the UK and strengthens the decorative and offline channels of the group.
Our role in the transaction
Oaklins’ team in Spain advised efectoLED both on all aspects of the execution, negotiation and closing of the transaction.
Talk to the deal team
Related deals
Rustins has been acquired by Remmers
Germany’s Remmers Gruppe SE has acquired UK coatings maker Rustins. The acquisition strengthens Remmers’ presence in the UK and expands its product portfolio and distribution channels. While Remmers has an established UK business focused on industrial flooring and wood coatings, Rustins brings complementary product ranges, established trade and distribution relationships and access to new customer groups in the DIY, painting and household retail sectors. Following completion, Rustins Group is wholly owned by Remmers, which has acquired all shares in Rustins Holdings Limited, including its operating company, Rustins Limited.
Learn moreValuation advisory has been provided to a co-investor in VDK
EMK Capital has transferred VDK Groep B.V. from EMK Capital Partners Fund I into the newly established US$1.4 billion single-asset continuation fund, the EMK VDK Partnership Fund, alongside a co-investment from EMK Capital Partners Fund III. The transaction, co-led by LGT Capital Partners and Coller EQT, provides existing investors with the opportunity to retain their exposure to VDK while securing additional capital to support the company’s continued growth and buy-and-build strategy.
Learn moreBe-Cloud has been acquired by PSG Equity
Be-Cloud, backed by B&Capital since 2021, has been acquired by PSG Equity, a leading growth equity firm specializing in software and technology-enabled services. The transaction marks the full exit of B&Capital and the reinvestment of Be-Cloud’s founders, Lenny and Sébastien Vercruysse, alongside PSG Equity.
Learn more