SALT LAKE CITY–(BUSINESS WIRE)–D.A. Davidson & Co. announced today that its Consumer Investment Banking team served as the exclusive financial advisor to Trimlight, Inc. (“Trimlight” or the “Company”), a pioneer brand in exterior permanent LED lighting solutions for residential, commercial and municipal end markets, on its sale to Corinthian Capital Group, LLC (“Corinthian”) and Valesco Industries, LLC (“Valesco”).
Headquartered in the greater Salt Lake City area, Trimlight is a leading provider of permanent exterior lighting solutions, serving a large and expanding customer base through a rapidly growing network of more than 300 exclusive dealers across the United States and Canada. Trimlight’s product portfolio spans accent lighting, holiday lighting, security lighting, landscape lighting, and more. The Company has experienced consistent growth driven by its reputation for innovation and reliability, as Trimlight has become the trusted name in permanent exterior lighting.
“We are very grateful for the D.A. Davidson team’s trusted partnership in advising us throughout this instrumental process. The D.A. Davidson team provided deep industry expertise, access to fundamental relationships, and valuable perspectives on how to uniquely position key attributes of our multi-unit distribution model, all of which helped drive a superior outcome. This is a pivotal moment in the trajectory of our Company, and we are excited about our burgeoning partnership with Corinthian and Valesco,” said Johnny Ware, Co-Founder of Trimlight.
“We’re honored to have advised Trimlight on this important milestone for the Company,” said Mike Smith, Managing Director at D.A. Davidson. “The Company’s unique history in defining the category through its innovative product offering and attractive, rapidly multiplying dealer network has fueled an impressive nationwide footprint. We are very excited for this next phase of growth and ongoing expansion of the Company’s multi-unit dealer network with their new partners Corinthian and Valesco.”
D.A. Davidson’s Consumer Group has a reputation for its depth of industry knowledge, breadth of capabilities, and tenacity of its senior professionals. Offering sector-specific expertise through a full-service platform, the team provides M&A, strategic advisory, and equity capital markets capabilities across several subsectors, including multi-unit services & franchising; active & outdoor; consumer products; ecommerce & marketplaces; and food & beverage. Together with its European strategic partner, MCF Corporate Finance, D.A. Davidson originates and executes transatlantic M&A transactions under the brand of D.A. Davidson MCF International.
About D.A. Davidson Companies
D.A. Davidson Companies is an employee-owned financial services firm offering a range of financial services and advice to individuals, corporations, institutions, and municipalities nationwide. Founded in 1935 with corporate headquarters in Great Falls, Montana, and regional headquarters in Denver, Los Angeles, New York, Omaha and Seattle, the company has approximately 1,600 employees and offices in 30 states.
Subsidiaries include: D.A. Davidson & Co., a full-service investment firm providing wealth management, investment banking, equity and fixed income capital markets services, and advice; Davidson Investment Advisors, a professional asset management firm; and D.A. Davidson Trust Company, a trust and wealth management company.
For more information, visit dadavidson.com.
Contacts
Deal Team Contacts
Michael Smith, Managing Director | Salt Lake City | [email protected]
Austin Black, Director | Irvine | [email protected]
Media Contact
Emily Roy
Prosek for D.A. Davidson
(646) 818-9232
[email protected]
