On July 31, 2026, Platinum Equity announced a significant investment in LMPG Inc., a leading North American manufacturer of specification-grade lighting solutions.
As part of the transaction, LMPG founder François-Xavier Souvay, W Investments, and President and CEO Peter Timotheatos, together with the company's management team, rolled over their equity and remained significant investors, while Platinum Equity acquired the outstanding shares from existing institutional investors.
Headquartered in Montréal, LMPG designs and manufactures specification-grade lighting solutions for commercial and infrastructure applications across North America. According to the announcement, Platinum Equity's investment is expected to support the company's continued growth through operational initiatives, new product development and strategic acquisitions.
Fasken advised LMPG Inc. with a team led by Caitlin Rose and including Peter Villani, Elissa Brock, Tatianna Turcotte, Irina Agossou, Mélanie Bergeron (M&A), Alexandre Gagnon, Marilie Gagné (Banking), Sébastien Roy (IP) and Quentin Lageix (Tax).
Jurisdiction
- Québec
