General LED Holdings, LLC, San Antonio, TX, has acquired the Acolyte Group, a New York, NY-based provider of LED lighting systems. Acolyte offers ribbon lighting and other architectural lighting products for a variety of indoor and outdoor applications.
Founded in 2003 and headquartered in San Antonio, General LED is a designer and manufacturer of LED lighting solutions under the AgiLight brand, primarily signage and architectural lighting.
“We believe the acquisition of Acolyte is very strategic as it adds a key product line of linear LED and architectural products, where we see a lot of demand from current and prospective customers. Furthermore, the two companies have highly-complimentary geographic footprints and supply chains, which will provide additional synergies,” said Steven Moya, CEO and President of General LED.
General LED is owned by The CapStreet Group, Houston, whose principal Adrian Guerra said the Acolyte purchase “is an exciting and important step in the evolution of General LED. We look forward to making additional acquisitions to further leverage the significant investments made in the company’s global platform and information technology systems.”