Gen Cap America Inc., a private equity firm in the Southeast focused on lower middle market buyouts, has bought Techlight, a commercial and landscape lighting company.
Founded in 1986, Techlight is a manufacturer of luminaires, lighting products, light poles, mounts, brackets and related lighting accessories. Techlight custom builds all products to specifications, selling its products into commercial, industrials, tennis & sports, parking garage, parking lot, landscaping and several other applications. The company is headquartered in Dallas, Texas with primary manufacturing operations in Cleburne, Texas.
The acquisition is being funded by Gen Cap America's Southvest SA fund.
"Gen Cap seeks to invest in companies with demonstrated successful operating histories and quality management teams that can continue to guide the company into a prosperous future," said Barney Byrd, Gen Cap America president, in a statement. "Techlight fits that profile, and our partnership with them presents tremendous opportunities for both parties."
Founded in 1988, Gen Cap America is a Nashville-based private investment firm specializing in acquisitions and recapitalizations of quality middle-market and lower-middle-market businesses.
