JZ CAPITAL PARTNERS ACQUIRES EQUITY STAKE IN SLOAN LED
19th May 2015
JZ Capital Partners Limited (LSE:JZCP.L or "JZCP"), the London listed private
equity fund that invests in high quality US and European microcap companies and
US real estate, has closed a co-investment alongside Baird Capital Partners
("BCP") in Illumination Investments LLC, d.b.a Sloan LED ("Sloan"), a
manufacturer of LED lights and lighting systems. JZCP invested US$4.9 million
in the transaction.
Founded in 1957, and based in Ventura, California, Sloan is a market leader in
the signage, spa and channel lighting sectors and has started to look into new
applications to expand its offering.
David Zalaznick, JZCP's Founder and Investment Adviser, commented: "This
acquisition expands our US portfolio of diverse, high-quality companies. We're
excited to be invested in Sloan and look forward to working with management as
they grow the business."
Ends
For further information:
Ed Berry / Kit Dunford +44 (0) 20 3727 1143
FTI Consulting
David Zalaznick +1 212 4859410
Jordan/Zalaznick Advisers, Inc.
Andrew Maiden +44 (0) 1481 745368
JZ Capital Partners
About JZCP
JZCP is a London listed private equity fund which invests in high quality
microcap companies, real estate and other debt and equity opportunities
globally but with a particular focus on opportunities in the US and Europe. Its
corporate objective is to create a portfolio of investments providing a
superior overall return comprised of a current yield and significant capital
appreciation. JZCP receives investment advice from Jordan/Zalaznick Advisers,
Inc. ("JZAI") which is led by David Zalaznick and Jay Jordan. They have worked
together for 30 years and are supported by teams of investment professionals in
New York, Chicago, London and Madrid. JZAI's experts work with the existing
management of microcap companies to help build better businesses, create value
and deliver strong returns for investors. For more information please visit
www.jzcp.com.
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