ST. LOUIS, Oct. 19, 2017 /PRNewswire/ -- GREEN CREATIVE, a developer of advanced LED lighting solutions, is now part of the Harbour Group family of companies, extending Harbour Group's participation in the lighting market, Jeff Fox, Harbour Group's chairman and chief executive officer, announced today. Cole Zucker and Guillaume Vidal, the co-founders of GREEN CREATIVE, will continue their key leadership roles in the business. Terms of the transaction were not disclosed.
The investment represents Harbour Group's second in the lighting industry this year. In April, Harbour Group announced that ILP Holdings Corporation (ILP), a Sanford, Fla.-based manufacturer of energy-efficient luminaires and retrofit solutions, had become a Harbour Group company. The Green Creative and ILP brands will remain independent.
Since its founding in 2010, GREEN CREATIVE has served the North American commercial lighting market with an industry-leading product offering of LED lamps and LED luminaires. With its headquarters in Silicon Valley, CA and R&D center in Shanghai, China, the company's LED lighting solutions have been widely adopted by some of the largest companies in the world. Anchored by strong integrated R&D capabilities and patented technology, GREEN CREATIVE's innovation, performance and reliability have been recognized year after year by the Illuminating Engineering Society Progress Report, LEDs Magazine's Sapphire Awards, EdisonReport, Lighting For Tomorrow, NAILD (National Association of Innovative Lighting Distributors) and more.
"We are excited to support another founder-led business," Mr. Fox said. "As sister companies, GREEN CREATIVE and ILP bring an industry-leading team and product offering to the market."
"Harbour Group's operational expertise in scaling fast growing businesses combined with their financial resources presents a great opportunity to bring our company and people to the next level," said Mr. Zucker.
"Under the same group, the companies have highly complementary offerings with minimum overlap," added Jason Hendren, the founder of ILP. "Combining GREEN CREATIVE's lamp, commercial and residential downlight, and track products with ILP's industrial, commercial, and outdoor products allows our channel partners to complete an entire project with a unique product mix."
"In addition to its innovative product development and global supply chain expertise, GREEN CREATIVE will now be able to leverage ILP's US-based manufacturing capabilities for BAA (Buy America Act) compliant product lines as well as greatly expand late-stage final assembly capabilities," Mr. Vidal said.
About ILP Holdings
ILP is an innovative manufacturer of energy-efficient luminaires and retrofit solutions with over 14 years of experience supporting builders and retrofitters with green building initiatives. The company has developed a wide range of LED products to support commercial, industrial, and outdoor applications focused on energy and maintenance savings. New products like the UFO parking garage fixture and the LANCE retrofit kits demonstrate ILP's ability to deliver performance and value with exceptional aesthetics. ILP is headquartered in Sanford, Florida, and has an additional facility in Reno, Nevada.
About Harbour Group
Harbour Group is a privately owned, operations focused company based in St. Louis, Missouri. Harbour Group's companies are engaged in manufacturing and distribution across diverse industries including LED lighting, flow control, scientific products and lab ware, thermal management solutions, flow and energy measurement, boiler systems, professional diagnostic and repair tools, niche distribution, and auxiliary plastic processing equipment. Since its founding in 1976, Harbour Group has acquired 196 companies in 41 different industries.
SOURCE Harbour Group