About This Deal

The Toro Company acquired Unique Lighting Systems, Inc. for Not disclosed (within Toro's ~$24.15 million aggregate fiscal 2011 acquisitions), a transaction completed in January 2011. The deal was a Asset purchase.

Unique Lighting Systems, Inc. operates in Residential / Professional, is based in United States. On January 17, 2011 Toro acquired certain assets and liabilities of Unique Lighting Systems, Inc., a leading maker of professionally installed landscape-lighting fixtures and transformers for residential and commercial use, including the Signature, Odyssey and Brass & Copper Knight product lines. The individual price was not disclosed; Toro's total fiscal 2011 acquisitions aggregated about $24.15 million (cash, long-term notes and estimated earnouts).

Landscape lighting extended Toro's product offering to the same distributors and landscape contractors that buy its irrigation products.

Irrigation & lighting business

Deal Terms

Acquirer
The Toro Company
Target
Unique Lighting Systems, Inc.
Value
Not disclosed (within Toro's ~$24.15 million aggregate fiscal 2011 acquisitions)
Date
January 2011
Type
Asset purchase
Status
Ready

Transaction Details

Target HQ
United States
Segment
Residential / Professional
Closed
January 17, 2011

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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