Takeaways from Acuity Brands' Third Quarter At the beginning of Acuity Brands' 2020 fiscal year on September 1, 2019, there was speculation that the company could reach $4B in sales during FY 2020. Terms of the purchase agreement are not disclosed. Acuity Brands’ largest acquisition to date was in 2015, when it acquired Juno Lighting for $385M. Atlanta, Nov. 25, 2019 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) announced today it has acquired LocusLabs, Inc., a leading indoor mapping and location platform. The company made strategic acquisitions by adding brands like Eureka and Cyclone. Weinstein had previously been employed in the towel supply business in Cleveland, and after serving in World War I, he started his own business renting towels, uniforms, and linens. Acuity Brands Announces Acquisition of LocusLabs, Inc. Atlanta, Nov. 25, 2019 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) announced today it has acquired LocusLabs, Inc., a leading indoor mapping and location platform. Acuity Brands has acquired in 12 different US states, and 3 countries. Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from the historical experience of Acuity Brands and management's present expectations or projections. Acuity Brands (NYSE: AYI) announced on Monday that it is acquiring LocusLabs, a five-year old start-up company whose platform powers applications based on indoor location. Visit us at www.acuitybrands.com. Acuity Brands, Inc. (NYSE: AYI) is the North American market leader and one of the world’s leading providers of lighting and building management solutions. Design2Ship With your business in mind, this quick ship program allows you to meet tight project timelines and capture opportunity business. Acuity Brands, Inc. (NYSE: AYI) is a market-leading industrial technology company. Atlanta, Sept. 10, 2019 (GLOBE NEWSWIRE) — Acuity Brands, Inc. (AYI) (“Company”) today announced that its wholly-owned subsidiary, Acuity Brands Lighting, Inc., has entered into a purchase agreement to acquire all of the equity interests of The Luminaires Group (“TLG”), a leading provider of specification-grade luminaires for commercial, institutional, hospitality and … The Company's lighting solutions are sold under various brands, including Lithonia Lighting, Holophane, Peerless, Gotham, Mark Architectural Lighting. ATLANTA - February 12, 2018 - Acuity Brands, Inc. (NYSE: AYI) today announced it has acquired Lucid Design Group, Inc. (Lucid), an Oakland, CA … M&A research that takes seconds (not all afternoon), Better understand your customers and prospects. Explore Companies Investors Top 50 Streams ... Acquisition mdm, yahoo, msn. Management anticipates the acquisition will be completed by the end of the month. List of Acuity Brands 's 9 Acquisitions, including LocusLabs and Lucid Save Search Companies People Investors Funding Rounds Acquisitions Schools Events Hubs Saved The company has spent over $ 637M for the acquisitions. The discussion of those risks is specifically incorporated herein by reference. ATLANTA, September 1, 2015 - Acuity Brands, Inc. (NYSE: AYI; "Company") today announced that its wholly-owned subsidiary, Acuity Brands Lighting, Inc., completed the previously announced acquisition of Distech Controls Inc., a leading provider of building automation and energy management solutions that allow for the seamless integration of lighting, HVAC, access control, … Atlanta, Sept. 10, 2019 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) ("Company") today announced that its wholly-owned subsidiary, Acuity Brands Lighting, Inc., has entered into a purchase agreement to acquire all of the equity interests of The Luminaires Group (“TLG”), a leading provider of specification-grade luminaires for commercial, institutional, hospitality and … Marketline's Acuity Brands, Inc. Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Acuity Brands, Inc. since January2007. Phone Number 404-853-1400. 1170 Peachtree Street NE Suite 2300, A total of 2 acquisitions came from private equity firms. Each company within TLG has a deep connection to the market segment it serves - designing, developing and manufacturing some of the industry’s most innovative products. A total of 2 … Please see the other risk factors more fully described in the Company’s SEC filings including risks discussed in Part I, “Item 1a. Atlanta, Nov. 25, 2019 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) announced today it has acquired LocusLabs, Inc ., a leading indoor mapping and Acuity Brands was formed in 2001 and is based in Atlanta, Georgia. Acuity Mergers + Acquisitions is a business advisory firm that assists privately held businesses through ownership transitions. Overview of Acuity Brands's Acquisitions © 2021 Acuity Brands Lighting, Inc. All Rights Reserved. ATLANTA, Oct. 08, 2020 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) (“Company”) today announced results for the fourth quarter and fiscal year ended August 31, 2020.Fourth quarter net sales were $891 million, a decrease of 5.0% compared with the prior-year period.Gross profit margin of 42.1% remained flat compared with the prior-year period. Acuity Brands expects weakness in nonresidential building activity as COVID-19 uncertainties continues Oct. 8, 2020 at 8:36 a.m. Acuity Brands is one of the world's leading providers of lighting fixtures and related products and services. TLG’s indoor and outdoor lighting fixtures are marketed to architects, landscape architects, interior designers and engineers through five niche lighting brands: a-light, Cyclone, Eureka, Luminaire LED and Luminis. The addition of their strong brands to our lighting portfolio reinforces our commitment to bringing superior architectural solutions to our vast customer base. We design, manufacture, and bring to market innovative products and services that make the world more brilliant, productive, and connected including building management systems, lighting, lighting controls, and location-aware applications. Second quarter net sales were $824 million, a decrease of 3.5% compared with the year-ago period. The average salary for Property Acquisitions Associate at companies like ACUITY BRANDS INC in the United States is $113,604 as of January 29, 2021, but the … Acuity Brands, Inc. (NYSE:AYI) Q2 2021 Results Earnings Conference Call March 31, 2021, 10:00 AM ET Company Participants Charlotte McLaughlin - Vice … Acuity Brands has acquired 22 companies, including 7 in the last 5 years. Join Mergr and gain access to Acuity Brands’ M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the electrical equipment sector. Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended August 31, 2018. Through its unique niche brands (a-light, Cyclone, Eureka, Luminaire LED and Luminis), TLG provides a wide range of innovative lighting solutions for both interior and exterior use. Acuity Brands has invested in multiple sectors such as IoT Applications, Facility Management Tech, Energy Efficiency Tech and more. (IOTA), a … Acuity Brands, Inc. TLG generates annual sales of approximately $100 million and employs over 350 associates located across five locations in the U.S. and Canada. Acuity Brands Acquires The Luminaires Group Atlanta, Sept. 10, 2019 -- Acuity Brands, Inc.  (NYSE: AYI) ("Company") today announced that its wholly … The company also announced Q1 2020 financial results that included a significant drop in net sales. www.acuitybrands.com. (404) 853-1400 Acuity Brands Acquires DGLogik Apps & Services. Acuity Brands will bring its connected, smart lighting expertise to the TLG brands through our leading and innovative drivers, controls and networking systems, which when combined with our existing complementary lighting brands, will provide our customers with an extensive catalog of customizable solutions for the specification community for applications of various sizes and complexities requiring innovative approaches, great design and optimum performance.”. Company Contact:Dan SmithDan.Smith@acuitybrands.com(404) 853.1423, Media Contact: Neil EganNeil.Egan@acuitybrands.com 770-860-2957. Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone. Below is the Q2 Earnings press release from Acuity Brands . ATLANTA, March 31, 2021 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) (the "Company") a market-leading industrial technology company announced net sales of $776.6 million for the second quarter of fiscal 2021 ended February 28, 2021, a decrease of $47.6 million or 5.8 percent, as compared to the second quarter of fiscal 2020. Management believes these forward-looking statements are reasonable; however, undue reliance should not be placed on any forward-looking statements, which are based on current expectations. Acuity Brands has made 13 acquisitions and 1 investments. Acuity Brands, Inc. 1170 Peachtree Street NE, Suite 2400 Atlanta, Georgia 30309-7676 U.S.A. Telephone: (404) 853-1400 Fax: (404) 853-1411 Web site: https://www.acuitybrands.com Source for information on Acuity Brands, Inc.: International Directory of Company Histories dictionary. Atlanta, Sept. 10, 2019 (GLOBE NEWSWIRE) -- Acuity Brands, Inc.  (NYSE: AYI) ("Company") today announced that its wholly-owned subsidiary, Acuity Brands Lighting, Inc., has entered into a purchase agreement to acquire all of the equity interests of The Luminaires Group (“TLG”), a leading provider of specification-grade luminaires for commercial, institutional, hospitality and municipal markets, all of which complements the Company’s current and dynamic lighting portfolio. He opened several locations throughout the south, changing the name to the Southern Linen Service Corporation in 1920. We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them. Atlanta, Nov. 25, 2019 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) announced today it has acquired LocusLabs, Inc., a leading indoor mapping and location platform. Management expects that the acquisition will be immediately accretive to fiscal 2020 earnings. DGLogik, INC. 09 Jul 2016. Vernon J. Nagel, Chairman and Chief Executive Officer of Acuity Brands, commented, "We are very pleased to welcome the great team at The Luminaires Group to the Acuity Brands family. United States, Acuity Brands, Inc: Acuity Brands, Inc. The acquisition is subject to customary closing conditions. Acuity Brands has announced that Neil Ashe will step in as president and CEO, replacing longtime CEO Vernon Nagel, who will move to a newly-created role of executive chairman. Statements that may be considered forward-looking include statements incorporating terms such as "expects," "believes," "intends," “estimates”, “forecasts,” "anticipates," “will,” “may,” “should”, “suggests,” “remain,” and similar terms that relate to future events, performance, or results of the Company and specifically include statements made in this press release regarding: Acuity Brands will bring its connected, smart lighting expertise to the TLG brands and when combined with the Company’s existing complementary lighting brands will provide customers with an extensive catalog of customizable solutions; expectation that the acquisition will be immediately accretive to fiscal 2020 earnings; and the acquisition is anticipated will be completed by the end of the month. Atlanta, Nov. 25, 2019 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) announced today it has acquired LocusLabs, Inc., a leading indoor mapping and location platform. The company went public in 1928 as National Linen Service Corporation … Gross profit margin of 41.7% increased 260 basis points from the prior-year period. Announces Acquisition of IOTA Engineering ATLANTA - May 1, 2018 - Acuity Brands, Inc. (NYSE: AYI) today announced it has acquired IOTA Engineering, L.L.C. Each TLG brand has its own niche focus: a-light designs and markets indoor architectural lighting to enhance contemporary spaces; Cyclone specializes in high-quality outdoor decorative luminaires for the municipal market; Eureka concentrates on indoor and outdoor contemporary decorative lighting; Luminaire LED offers indoor and outdoor vandal-resistant lighting to withstand both environmental and physical abuse; and Luminis designs a wide range of indoor and outdoor specification lighting products for commercial and institutional applications. This release contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. The roots of Acuity Brands date back to 1919 when Isadore M. Weinstein founded the Atlanta Linen Supply company in 1919. Kirkland & Ellis LLP represented Industrial Growth Partners, L.P. in the sale of IOTA Engineering Acuity Brands, Inc. (NYSE:AYI) has acquired IOTA Engineering, L.L.C. Contact Email IR@AcuityBrands.com. In depth view into Acuity Brands Net Divestitures (Acquisitions) (Quarterly) including historical data from 2001, charts, stats and industry comps. These risks and uncertainties include, but are not limited to, customer and supplier relationships and prices; competition; ability to realize anticipated benefits from initiatives taken and timing of benefits; market demand; litigation and other contingent liabilities; and economic, political, governmental, and technological factors affecting the Company. ATLANTA, April 02, 2020 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) (“Company”) today announced results for the second quarter ended on February 29, 2020. Acuity Brands. Acuity Brands, Inc. is a provider of lighting solutions for both indoor and outdoor applications. Announces Acquisition of IOTA Engineering, May 1, 2018, 4:15 PM EDT SHARE THIS ARTICLE. The Company’s products and solutions are sold under various brands, including Lithonia Lighting®, Holophane®, Aculux®, American Electric Lighting®, Antique Street Lamps™, Atrius™, DGLogik™, Distech Controls®, DTL®, eldoLED®, Gotham®, Healthcare Lighting®, Hydrel®, Indy™, IOTA®, Juno®, Lucid®, Mark Architectural Lighting™, nLight®, Peerless®, RELOC® Wiring, ROAM®, Sensor Switch®, Sunoptics® and Winona® Lighting. Atlanta, Georgia 30309 Acuity Brands Acquires The Luminaires Group. Further, forward-looking statements speak only as of the date they are made, and management undertakes no obligation to update publicly any of them in light of new information or future events. Acuity Brands has acquired 22 companies, including 7 in the last 5 years. 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