About the Deal
ORION ENERGY SYSTEMS, INC. (NASDAQ: OESX), headquartered in Manitowoc, Wisconsin, provides innovative LED lighting systems and turnkey project implementation. As a clean-tech company, Orion manufactures LED lighting fixtures, and conducts installation and commissioning of connected lighting platforms, controls and IoT systems, ongoing system maintenance, and program management. Orion enables its customers to reduce their carbon footprint and digitize their business with healthy, safe and sustainable solutions.
STAY-LITE LIGHTING, headquartered in Pewaukee, Wisconsin, provides indoor and outdoor lighting repairs, sign repairs, energy-saving lighting upgrades and manufacturer warranty support, among other self-performed services throughout 15 states, while leveraging its network of contractors to extend services nationwide.
BRIDGEWOOD ADVISORS initiated this transaction, assisted in negotiations, and provided strategic and financial advisory services to Orion.