Globe Electric Company has acquired Heath Zenith, LLC, a provider of outdoor security lighting, decorative lighting and door chimes, from middle market private equity firm, Transom Capital Group.Globe Electric is a provider of lighting solutions, electrical products and smart home services.
HeathCo offers home security LED lighting, residential notification systems, and motion-activated decorative lighting in the do-it-yourself repair and remodel market. The firm reaches customers across 10,000 retail store locations in North America.
“We worked tirelessly together to develop and execute strategies to grow and transform our business into an industry leading connected security lighting and door chime platform,” said Kenny Ramsey, HeathCo. CEO.
“Selling a high-performing business like HeathCo is always a bittersweet moment for a hands-on investor like us,” added Russ Roenick, managing partner at Transom. “We are very proud of the strong partnership we formed with CEO Kenny Ramsey throughout the journey of expanding HeathCo’s market share and transforming it into a digitally-connected business.”