Luminance has been acquired by Resilience Capital Partners
ShoreView Industries has sold Luminance to Resilience Capital Partners. Financial details have not been disclosed.
Founded in 1952, Luminance is one of the largest, fastest growing designers and distributors of lighting products serving the North America lighting market. The company offers stock lighting products to the residential and commercial markets and customized lighting solutions to the hospitality market.
Founded in 2001 by co-CEOs Steve Rosen and Bassem Mansour, Resilience Capital Partners is a middle-market private equity firm based in Cleveland, Ohio.
ShoreView invests in established companies with operations in North America, across a wide range of industries. The firm structures a variety of acquisition, recapitalization and build-up transactions, typically in businesses with revenues ranging between US$20–300 million.
Oaklins' team in Los Angeles advised the seller in this transaction.
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Eduard Bagdasarian
Oaklins Intrepid
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