Business Description

Precision Impacts is a full-service manufacturer of extruded specialty aluminum and composite wrapped cylinders, tanks, and other components. The Company services niche end markets within the consumer, defense, industrial, medical, and sporting goods industries.

Transaction Overview

KLH recapitalized the business providing a partial liquidity event for the owners and aligning management with experienced partners capable of providing the capital and expertise needed to grow the business.

Business Description

Based in Deer Park, NY, Apogee Lighting, through its two brands, manufactures specialty transit, industrial, and architectural LED lighting fixtures. The Apogee Translite brand serves the New York Metropolitan Transportation Authority and other transit systems across the country while LumiNEXT brand serves the architectural market. Today, both brands are known for high-quality, highly engineered LED lighting fixtures, and premium design, engineering, and implementation services.

Transaction Overview

The owners of this privately held business wished to begin planning for their retirement by partnering with a growth-oriented financial partner who could help achieve the company’s goals and create a successful succession plan for the business. KLH structured a transaction that gave the owners partial liquidity for diversification, key managers the opportunity to become owners in the business, and a capital structure to continue the successful track record of the company.