Applied UV to Double Size with Acquisitions of Puro Lighting, LED Supply - Modern Distribution Management

Log In

Applied UV to Double Size with Acquisitions of Puro Lighting, LED Supply

Applied UV is set to acquire two privately held sister companies, Puro Lighting and Led Supply, both based in Colorado.
M&A
Author
Date

Disinfection technology manufacturer and distributor Applied UV, Inc. announced Dec. 20 it has entered agreements to acquire two privately held sister companies: Puro Lighting LLC and LED Supply Co. The strategic acquisitions would effectively double the size of New York-based Applied UV, according to a news release.

Puro Lighting specializes in disinfection lighting, while LED Supply Co. supplies LED lighting to multiple industries. Both distributors are based in Lakewood, Colorado.

“Along with our proprietary FDA cleared disinfection technology, the PURO and LED Supply Co acquisitions would help us further our vision of being the leading player in the disinfection technology space,” Applied UV founder and president Max Munn said. “The acquisitions would support the expansion of product lines with an end-to-end solution for pathogen destruction, enhancing our presence in key vertical markets, leading to rapid revenue enhancement.”

Applied UV entered into agreements Dec. 19 to merge both Puro Lighting and LED Supply with merger subsidiaries. The combined transaction value of the acquisitions would be approximately $20 million, according to the release, with the consideration to be a combination of cash and restricted common and restricted preferred shares.

Want to be a master of M&A? MDM’s M&A Virtual Summit, held Feb. 21-22, will deliver everything you need. Get details and register here.

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.