Key Takeaways
- • Intermatic LLC, a portfolio company of MPE Partners, announced its acquisition of Sunrise Technologies, LLC (Sun-Tech), a provider of outdoor lighting-control and power-connectivity products, per a Business Wire release.
- • Sun-Tech brings more than 1,000 SKUs spanning LED and HID photocontrols, power taps, contactors, and wireless area-lighting controls, and has more than 75 years of brand history across its Sun-Tech, FP Outdoor Lighting Controls, and Ripley brands.
- • The deal expands Intermatic's infrastructure lighting-control offering for utilities, municipalities, contractors, OEMs, and distribution partners, with the company stating it primes the organization for growth in those markets.
- • Sun-Tech and its brands will continue to operate independently, including product ordering, warranty support, and customer service.
- • The transaction terms, including purchase price, were not disclosed in the release.
Summary
Intermatic LLC, a Libertyville, Illinois-based energy management solutions company and portfolio company of MPE Partners, has acquired Sunrise Technologies, LLC (Sun-Tech), according to a Business Wire announcement. Intermatic described the transaction as a move to strengthen its infrastructure lighting-control portfolio and lay the foundation for growth in infrastructure and utilities markets. The release did not disclose financial terms.
Sun-Tech, headquartered in Raynham, Massachusetts, designs, engineers, and assembles outdoor lighting-control and power-connectivity products for utility, municipal, commercial and industrial, and OEM applications. Its portfolio includes more than 1,000 SKUs across LED and HID photocontrols, power taps, contactors, wireless area-lighting controls, and related components. The company operates three brands, Sun-Tech, FP Outdoor Lighting Controls, and Ripley, and has more than 75 years of brand history.
Constantine Elefter, Executive Chairman of Intermatic and Partner at MPE, said the acquisition adds differentiated brands that enhance Intermatic's product portfolio while bringing new customers, channels, and applications. Chris Kelley, Vice President of Sales at Intermatic, said Sun-Tech's photocontrol and power-connectivity technology complements Intermatic's lighting and energy management controls, allowing the company to offer utilities and municipalities a broader, more connected product roadmap and giving contractor and distribution partners a more complete outdoor lighting offering.
Intermatic, which has facilities in El Paso, Texas, and Juarez, Mexico, serves more than 2,000 customers across residential, commercial, utility, and industrial end markets. Per the release, Sun-Tech will continue to operate independently following the acquisition, with product ordering, warranty support, and customer service unchanged. The company stated that any future changes to business operations or product lines will be communicated as appropriate.
Sun-Tech, headquartered in Raynham, Massachusetts, designs, engineers, and assembles outdoor lighting-control and power-connectivity products for utility, municipal, commercial and industrial, and OEM applications. Its portfolio includes more than 1,000 SKUs across LED and HID photocontrols, power taps, contactors, wireless area-lighting controls, and related components. The company operates three brands, Sun-Tech, FP Outdoor Lighting Controls, and Ripley, and has more than 75 years of brand history.
Constantine Elefter, Executive Chairman of Intermatic and Partner at MPE, said the acquisition adds differentiated brands that enhance Intermatic's product portfolio while bringing new customers, channels, and applications. Chris Kelley, Vice President of Sales at Intermatic, said Sun-Tech's photocontrol and power-connectivity technology complements Intermatic's lighting and energy management controls, allowing the company to offer utilities and municipalities a broader, more connected product roadmap and giving contractor and distribution partners a more complete outdoor lighting offering.
Intermatic, which has facilities in El Paso, Texas, and Juarez, Mexico, serves more than 2,000 customers across residential, commercial, utility, and industrial end markets. Per the release, Sun-Tech will continue to operate independently following the acquisition, with product ordering, warranty support, and customer service unchanged. The company stated that any future changes to business operations or product lines will be communicated as appropriate.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.