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

Featured by The Food Institute: Pet-Food Investments Surge as Gen Z, Millennials Drive Humanization
By Samantha Pinkes April 9, 2026
Grant Thornton Stax Director Sam Pinkes was recently featured by The Food Institute where she offered commentary around the growing humanization trend among pet owners. Read more.
5 RSA Conference 2026 Takeaways for PE Investors
By Tyler Michaels & Sam McCabe April 8, 2026
We attended the RSA Conference, a premier flagship cybersecurity conference. Read our list of takeaways to learn about how cybersecurity assets will be impacted over the next year.
Paul Edwards on The Consulting Report's Podcast: Top Consultant
April 8, 2026
Grant Thornton Stax’s Paul Edwards, named a Top Consultant by The Consulting Report, joins RJ Lumba to discuss the award and life at the firm.
Grant Thornton Stax Advises Uplift Investors on its Acquisition of IMS Legal Strategies​
April 6, 2026
Grant Thornton Stax supported Uplift Investors on its recent acquisition of IMS Legal Strategies, a global provider of expert and advisory services. Read more about the deal here.
Youth Sports: Expanding Value in a Growing Market
By Owen Tindle & Luke Scheibel April 6, 2026
Youth sports has emerged as one of private equity's most actively targeted consumer categories, and Owen Tindle and Luke Scheibel share Grant Thornton Stax perspectives. Read more
Grant Thornton Stax Advises CenterOak on Acquisition of Grismer
April 2, 2026
Grant Thornton Stax supported CenterOak Partners on its recent acquisition of Grismer Tire & Auto Service, a leading operator of tire and automotive service centers. Read more here.
Show More