Kingswood capital management announces acquisition of kichler lighting and merger with progress lighting to establish a leading residential lighting platform

Los angeles--(business wire)--kingswood capital management, lp (together with its affiliates, “kingswood”) announced today that it has acquired kichler lighting, llc (“kichler”) from masco corporation (nyse: mas). kingswood will merge kichler with its portfolio company, progress lighting, llc (“progress”) to create one of north america's leading residential lighting platforms featuring complementary, industry-recognized brands. the combined company will benefit from expanded distribution and se.
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