Stax Provides Sell-side Support to Principal Industries, a Leader in LED Solutions, on its Acquisition by Wynnchurch Capital

Stax Provides Sell-side Support to Principal Industries, a Leader in LED Solutions, on its Acquisition by Wynnchurch Capital

November 13, 2024
November 13, 2024

Share

Stax congratulates Principal Industries, a leading provider of LED solutions for brand imaging through signage and architectural illumination, on its recent acquisition by Wynnchurch Capital. Stax provided sell-side support, collaborating with the management team of Principal Industries and their investment bank Citizens during the transaction.​


Principal Industries is a leading provider of LED components and engineered assemblies for signage and brand imaging applications, and the first and only U.S.-based manufacturer of LED sign modules. Their product lineup features LED modules, linear and edge lighting, Stiks, drivers and controls, power modules, and specialty assemblies for architectural branding and signage illumination.​


Contact the Stax team to learn more:

Wynnchurch logo
Principal Industries logo
Wynnchurch logo
Principal Industries logo
Wynnchurch logo
Principal Industries logo

About Stax

Stax is a global management consulting firm serving corporate and private equity clients across a broad range of industries including software/technology, industrials, business and information services, healthcare and HCIT, consumer, and tradeshows and events. 

Read More

By Rob Larson, Jordan Abrams February 17, 2026
A recap of Grant Thornton Stax and Raymond James’ healthcare breakfast on PE investment opportunities across the pharma tech ecosystem.
How AI is Reshaping Vertical SaaS
By Kelsey Chisholm & Palash Misra February 12, 2026
AI is driving a bifurcation between surface-layer productivity tools and core operational platforms within vertical software. Learn how Ai is reshaping vertical SaaS here.
Vault Top 50: Four Years Running
February 11, 2026
For four straight years, Grant Thornton Stax has earned a spot on the Vault Consulting Top 50 list of the best consulting firms to work for in North America. Read more here.
Grant Thornton Stax Advises Alma on its Acquisition by Spring Health​
February 3, 2026
Grant Thornton Stax supported Alma, a membership-based platform that aids mental health clinicians in building thriving private practices, on its recent acquisition by Spring Health. Read more.
Grant Thornton Stax Announces Winter 2026 Promotions
January 30, 2026
Grant Thornton Stax is pleased to announce our 2026 winter promotions. Click to learn more.
Stax Consultant Spotlight: Chris Flynn
January 30, 2026
Grant Thornton Stax Consultant Chris Flynn sits down for a Q&A to share his experience and insights from his tenure with our firm. Read the full interview here.
Show More