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Platinum Equity Invests in LMPG Lighting

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Platinum Equity has made a significant investment in LMPG Inc., a Montreal-based manufacturer of specification-grade lighting solutions serving commercial and infrastructure applications across North America. LMPG, founded in 2006, operates a portfolio of seven brands.

Founder François-Xavier Souvay, W Investments, and president and CEO Peter Timotheatos, along with the management team, are rolling their equity and will remain significant investors. This investment comes as Platinum Equity recognizes LMPG's scaled and differentiated platform, characterized by specialized engineering capabilities, a diverse brand portfolio, and a strong agent network.

Platinum Equity co-president Jacob Kotzubei highlighted LMPG's strong market position and its potential to benefit from long-term demand trends in commercial construction and infrastructure investment. Financial terms of the deal were not disclosed.