CapStreet Recaps General LED

4/6/17

HOUSTON–(BUSINESS WIRE)–The CapStreet Group, LLC announced today that it, along with members of management and certain shareholders, has recapitalized General LED, Inc.

Founded in 2003 and headquartered in San Antonio, General LED is a tier one designer and manufacturer of AgiLight®-branded LED lighting solutions. The Company’s patented lighting products are used in various applications of illuminated signs and architectural lighting. General LED serves a diverse range of end markets, represented by some of the most recognizable retail and corporate brands in the world. The Company is able to serve top global brands due to a diverse product portfolio, established reputation for quality, innovative designs and global supply chain capabilities.

“We are excited about our new partnership with CapStreet, as we enter our next phase of growth. CapStreet has a successful history of helping middle market companies, like General LED, execute on strategic initiatives and increase financial performance,” said Steven Moya, CEO and president.

Adrian Guerra, principal at CapStreet added, “Known for innovation, design, quality and customer service, General LED has quickly become one of the leading global providers of LED lighting solutions. Going forward, General LED will continue to benefit from the adoption of energy-efficient LED technology. We look forward to working with CEO Steven Moya, management and the existing shareholders in continuing their success story.”

The transaction highlights CapStreet’s successful history of making control investments in lower middle market companies headquartered in Texas. General LED is the third investment for CapStreet IV, L.P., which has $340 million of committed capital and focuses in the industrial distribution, industrial manufacturing and outsourced business service sectors.

Financing for the transaction was provided by Texas Capital Bank.

About CapStreet

The CapStreet Group is a Houston-based private equity firm founded in 1990 that invests in owner managed, lower middle market companies headquartered in Texas and surrounding states. CapStreet targets companies operating in the industrial distribution, industrial manufacturing and outsourced business service sectors and partners with management to accelerate growth and improve profitability. For more information, visit The CapStreet Group website, www.capstreet.com.

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