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 Carta: After the “SaaS-pocalypse,” a new era begins for PE-backed software companies

Featured by Carta: After the “SaaS-pocalypse,” a new era begins for PE-backed software companies

By Palash Misra • August 14, 2026
Palash Misra met with Carta to discuss the role of AI in SaaS investment and how investors are reprioritizing what they value in a business. Read the feature here.
Grant Thornton Stax Supports MainSail Partners in the Strategic Combination of MirrorWeb and Red Oak

Grant Thornton Stax Supports MainSail Partners in the Strategic Combination of MirrorWeb and Red Oak ​

August 7, 2026
Grant Thornton Stax is proud to have supported MainSail Partners in the strategic combination of MirrorWeb and Red Oak. Click to read more. ​
MSMs: Separating Durable Platforms from Disruptable Networks

The Investment Case for Multi-Stakeholder Models: Separating Durable Platforms from Disruptable Networks

By Tyler Veit & Kate Philbrick • July 22, 2026
Multi-stakeholder models sit at an attractive intersection of fragmented markets and PE investors are looking to capitalize. Click here to read our latest insights on MSMs.
Grant Thornton Stax Provides Sell-side Support to Inspectorio on Investment by Apax

Grant Thornton Stax Provides Sell-side Support to Inspectorio on its Growth Investment by Apax Digital Funds​

July 16, 2026
Grant Thornton Stax congratulates Inspectorio, a production-chain management platform, on its growth investment by Apax Digital Funds, the growth equity arm of Apax. Read more here.
From System of Record to System of Evidence: The Next Competitive Advantage in Vertical Software

From System of Record to System of Evidence: The Next Competitive Advantage in Vertical Software

By Kelsey Chisholm • July 10, 2026
Competitive advantage in vertical software is increasingly becoming more prioritized. Read more to see how this shift is transforming software platforms.
Why Crane Services Is Becoming an Attractive Investment Opportunity for Private Equity

Why Crane Services Is Becoming an Attractive Investment Opportunity for Private Equity

By Tyler Veit & Kate Philbrick • July 10, 2026
The crane services sector is entering a new phase of investor attention as a result of several factors. Read about how cranes are offering new investment opportunities here.
Show More