Levine Leichtman Capital Partners (“LLCP”), a Los Angeles-based private equity firm, announced today that LLCP has partnered with management to complete the acquisition of Luminator Technology Group from Mark IV, LLC. Luminator, based in Plano, Texas, is a global supplier of advanced information systems and LED displays and lighting products for a wide range of applications in metropolitan and commercial transportation systems, including systems for the rail, bus and aerospace industries. The company serves municipal transportation systems throughout the world. 70 of the largest 100 municipalities in North America and Europe specify the company’s products for their bus and rail systems. Luminator is also a significant supplier of LED lighting products to commercial and military aircraft manufacturers.
Luminator is the 6th investment from Levine Leichtman Capital Partners, IV, L.P. According to Lauren Leichtman, Co-Founder and CEO of LLCP, “We are very pleased to partner with Avi Zisman and the outstanding management team at Luminator in completing this transaction. Luminator is known for quality products, innovative designs and industry leading customer service throughout the world. We look forward to supporting the company’s management as we seek to build the future of transportation information and lighting systems.”
Avi Zisman will continue to lead the company as its Chief Executive Officer. Mr. Zisman commented, “We are very excited about the new opportunities generated for Luminator as a result of this newly formed company. Our partner, LLCP, is committed to supporting Luminator’s initiatives to grow our business. Luminator’s management team is participating in the ownership of the company and is committed to ensure the future of Luminator will be beneficial to us all.”