Maitland, FL-based SESCO Lighting agreed to acquire fellow manufacturers representative agency NEXGEN Lighting Solutions.
Terms of the transaction were not disclosed.
MDM’s 1Q25 M&A Report (store link)
The transition is scheduled for July 1. It will merge SESCO’s resources and over 480 employees with NEXGEN’s 35 employees.
Founded in 2016, NEXGEN is a manufacturers lighting agency providing regional sales and support services. Based in Texas, the team serves North Texas as well as the western and eastern parts of the state. Its primary manufacturing partner is Genlyte Solutions.
Meanwhile, SESCO is a rep agency with a presence in 10 U.S. states with 27 offices and 10 resource divisions.
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“With NEXGEN being employee owned, we have a team who already embodies the employee ownership mentality, and we are thrilled to have an organization that can bring their drive, enthusiasm and excitement into SESCO’s employee-owned culture,” SESCO President and CEO John Palk said in a May 27 news release. “Seeing what NEXGEN, their leadership, and team have done in terms of growth in just nine years, I’m certain that we will help this team accelerate those efforts. We look forward to welcoming the NEXGEN employees into SESCO as well as their existing manufacturer partners.”
In recent company news, SESCO acquired Austin, TX-based ERT Lighting, announced on May 19.
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