Partners Group Strengthens HVAC Line with Texas Acquisition as New Income Strategy Debuts - AD HOC NEWS
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May 30, 2026
Phoenix Lighting has completed the acquisition of Rig-A-Lite, a industrial services other business in Texas, for $X. Phoenix Lighting acquires Rig-A-Lite to expand its industrial and commercial lighting portfolio with specification-grade products for harsh and hazardous environments. Rig-A-Lite manufactures industrial and commercial lighting solutions and supplies customers through a nationwide network of electrical distributors and representative agencies from Houston, Texas. The Rig-A-Lite acquisition is an add on acquisition within industrials M&A, with Phoenix Lighting operating as a private equity acquisition platform backed by JMC Capital Partners. The deal closed effective May 14, 2026, and Rig-A-Lite continues under its existing brand and leadership team at its Houston facilities.
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