Topaz Lighting Corp. has been sold to Southwire Company
Topaz
Topaz is a provider of electrical fittings, sustainable lighting and related products, serving commercial and industrial end markets. Operating a truly service-based model with a relentless focus on culture and customer service, Topaz provides its products when and where contractor end users need them. The company’s electrical distribution customers rely on Topaz’s application and design support. For more information, please visit www.topaz-usa.com.
The Deal
After 36 years as a privately held and operated business, the shareholders sought a partner to support Topaz’s evolution and its first-class employee base. Topaz hired Lincoln due to its sector expertise, buyer relationships and exceptional process execution. Lincoln listened to the shareholders’ objectives, counseled the business during the COVID-19 pandemic and designed a targeted process timed to take advantage of optimal business and industry conditions.
Our Perspective
Topaz, its shareholders, management and employees built a truly differentiated business, one that is grounded in service excellence. Investing for the long term and supported by secular tailwinds underpinning demand in today’s market, the company’s option set and future with Southwire is bright.
The entire Lincoln team was focused on delivering from day one with their knowledge of the markets we serve, precise process execution and dedicated senior level attention and advice. Lincoln, along with management, drove a great outcome and helped us find the right home for our business and employees.
Meet our Senior Team
I am a rigorous advocate for my clients with a hands-on, communicative approach, focused on delivering intense advocacy and outlier results.
Sean Bennis
Managing Director & Co-head of Industrials
Chicago
View More Transactions in Industrials
Any information or testimonials contained in this post may not be representative of the experience of other clients and is no guarantee of future performance or success.