Baird Capital Acquires SloanLED

Baird Capital, the direct private investment arm of Robert W. Baird & Co., announced on May 1st that its U.S. Private Equity group has acquired SloanLED, a leading supplier to the petrol retail sector. Headquartered in Ventura, California, with offices in North America, Europe and Asia, SloanLED designs and manufactures LED lighting solutions for a variety of applications including signage, down lighting, refrigeration, spa and optoelectronics.

"We have actively followed the lighting sector for the past few years and believe SloanLED is a strong platform business that is well positioned to become the leading global LED provider to the commerical and industrial end markets," said Andrew Brickman, Baird Capital Partner. Brickman will join SloanLED's board of directors, along with Baird Capital Operating Partners Scott Hoffman and Dave Schroeder.

"Our organization has a long history of creating innovative products for our customers," said Steve Shotwell, President of SloanLED. "This is an exciting day for SloanLED customers and employees. We look forward to building on that experience and partnering with Baird Capital's operating resources to continue to serve our customers globally."

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