Locus Capital Partners (Locus), a cross-border M&A advisory firm, is pleased to announce the sale of 26.94% controlling equity stake of DB Lightec to White Whale Group. Locus advised DB Lightec in this transaction.
Founded in 1989, DB Lightec manufactures and sells industrial LED lighting products, LED light panels for advertisement, and CNC machines. DB Lightec is glad to find a financial sponsor who could help with their growth initiatives.
Locus managed and executed the entire deal processes including Identification of buyer’s interest, valuation, price & SPA negotiation, etc. successfully.