Capstone Partners served as exclusive financial advisor to Halco Lighting Technologies, LLC, a portfolio company of Summer Street Capital Partners, in the sale of its specialty lighting assets to Hayward Holdings, Inc. (NYSE: HAYW).
Established in 1947 and headquartered in Norcross, GA, Halco is a leading manufacturer of lamps, ballasts and lighting fixtures for the commercial, industrial, residential and specialty lighting markets in the U.S.
Halco’s specialty lighting assets consist of a robust portfolio of lighting solutions serving the residential and commercial pool & spa and landscape end markets with industry-leading brands including ColorSplash®, J&J Electronics™, PureWhite® and Sollos®.
Hayward is a leading global designer and manufacturer of pool equipment and technology with a market capitalization of over $3.5 billion.
Summer Street Capital Partners, founded in 1999, is a private equity firm based in Buffalo, NY with an emphasis on investing in the niche manufacturing, environmental services and business services industries.
Capstone Partners is a market leader in the building products and lighting sectors having completed multiple transactions with both financial and strategic buyers and published authoritative research.
[Capstone Partners] was instrumental in helping us execute this transformational transaction for Halco. Their valuable insight in positioning the business and their ability to run a very competitive process produced a great outcome for Summer Street Capital and Halco.
