Press Release | Richter Acted as advisor to DALS Lighting Inc.
March, 2023 – Richter acted as advisor to DALS Lighting Inc., in the partnership of the business with BDG & Partners. DALS Lighting Inc. is a leading manufacturer of designer lighting products.
The transaction was led by Richter’s Joe Lo Dico and David J. Stein and supported by Jean Desrochers and Alain Pérusse as financial and tax advisors.
BDG & Partners is a Canadian-based private equity fund that specializes in investing in the wholesale and manufacturing sector in North America with a goal of generating sustainable long-term growth. This transaction highlights Richter’s ability to navigate the transaction process and find the right partners for its clients. Richter would like to congratulate Joey Khatri, Shawn Johal, Chris Warnock, and the entire DALS Lighting team in this next chapter of growth in DALS Lighting’s history.
About Richter
Richter is a Business | Family Office that provides strategic advice on business matters and on families’ financial and personal objectives across generations. With close to 100 years of experience advising at the intersection of family and business, Richter has developed an integrated approach to help business owners find sustainable success. Whether business, personal, or both, Richter is uniquely positioned to address the needs of Canada’s most successful entrepreneurs, private clients, business owners and business families and help them chart a clear path to shape their legacy for the future. Founded in 1926, Richter’s 600-person multidisciplinary team continuously innovates to create value for our people, clients, and community in Canada and in the US.
About BDG & Partners
BDG is a private equity firm that aims to create value by investing in great businesses, where our own capital, strategic insight, global relationships and operational experience can contribute to the company’s further growth.
For more information, visit BDG & Partners
About DALS Lighting Inc.
DALS Lighting is a manufacturer of designer lighting products focusing on smart, innovative and emerging technologies. Their lighting systems are displayed and stocked at several lighting showrooms and retailers, electrical distributors and e-commerce platforms.
For more information, visit DALS Lighting