Deals & IPOs

Intermatic Buys Sunrise Technologies, Adds 1,000-Unit Lighting Controls Line

Intermatic, backed by MPE Partners, acquired Sunrise Technologies, adding over 1,000 SKUs in photocontrols and wireless outdoor lighting controls for utility and municipal customers.

By Daniel Okafor

3 min read

Intermatic: Sunrise Technologies Acquisition Expands Utility And Infrastructure Lighting Controls
Intermatic: Sunrise Technologies Acquisition Expands Utility And Infrastructure Lighting ControlsJillWellington / pixabay

What's News

  • Intermatic acquired Sunrise Technologies (Sun-Tech), adding more than 1,000 SKUs in outdoor lighting controls.
  • Sun-Tech's brands — Sun-Tech, FP Outdoor Lighting Controls and Ripley — have more than 75 years of combined operating history.
  • Intermatic has more than 130 years of history and serves over 2,000 customers.
  • Sun-Tech's brands will continue operating independently; existing ordering, warranty and service arrangements remain in place.
  • No purchase price or deal structure was disclosed.

Intermatic has acquired Sunrise Technologies, adding more than 1,000 stock-keeping units in outdoor lighting controls and power connectivity to its portfolio. The deal, backed by private equity sponsor MPE Partners, pushes the 130-year-old electrical controls manufacturer deeper into utility, municipal, commercial and industrial infrastructure markets.

Sunrise Technologies, known as Sun-Tech, is headquartered in Raynham, Massachusetts. The company develops and assembles products that control outdoor lighting and related electrical systems. Its catalog spans LED and HID photocontrols, power taps, contactors, wireless area-lighting controls and related components. Customers include utilities, municipalities, contractors and original equipment manufacturers managing outdoor lighting infrastructure.

What does the acquisition change?

Sun-Tech operates through three brands: Sun-Tech, FP Outdoor Lighting Controls and Ripley. Together, these brands carry more than 75 years of operating history. Intermatic said the acquisition adds complementary technologies and established customer relationships to its electrical controls business, and expands its ability to serve customers that need specialized outdoor lighting and power distribution controls.

The mechanism is straightforward. Photocontrol devices switch lighting systems on and off based on ambient light conditions, which supports automated lighting management without manual operation. Wireless controls add flexibility for managing outdoor lighting infrastructure across streetlights, municipal facilities, commercial properties and industrial sites. Sun-Tech's photocontrol and power-connectivity products sit naturally next to Intermatic's existing lighting and energy management controls, extending a portfolio that already covers general lighting, outdoor lighting, irrigation, heating and cooling, and pool and spa applications across residential, commercial, utility and industrial markets.

Intermatic intends to combine Sun-Tech's capabilities with its own lighting and energy management technologies, and sees room to build a broader product roadmap while expanding distribution channels.

Who said what?

Constantine Elefter, Executive Chairman of Intermatic and Partner at MPE Partners, framed the deal as a brand and channel play: "For more than 75 years, Sun-Tech and its brands have been a trusted partner to utilities, municipalities, contractors, and OEMs. This is a tremendous opportunity to add strong, differentiated brands that enhance Intermatic's product portfolio while bringing new customers, channels, and applications. We look forward to accelerating our development of premier infrastructure and lighting-control solutions to better support the evolving needs of our customers."

Chris Kelley, Vice President of Sales at Intermatic, pointed to the product logic: "Sun-Tech's photocontrol and power-connectivity technology fits naturally alongside Intermatic's lighting and energy management controls. Together, we can bring a broader, more connected product roadmap to utilities and municipalities, and a more complete outdoor lighting offering to our contractor and distribution partners."

What happens to Sun-Tech's customers?

Sun-Tech's brands will continue operating independently after the acquisition. Existing product ordering, warranty and customer service arrangements remain in place. Intermatic stated that customers will be informed if future changes to operations or product lines become necessary. The approach is intended to preserve continuity while the two businesses evaluate opportunities for collaboration. Customers may gain additional options in lighting automation, power connectivity and electrical control systems.

Why the deal fits the sponsor's strategy

Intermatic has more than 130 years of operating history and serves over 2,000 customers. The company is headquartered in Libertyville, Illinois, with facilities in El Paso, Texas, and Juárez, Mexico. Its broader product range includes electrical and mechanical controls for multiple energy management applications.

MPE Partners, the private equity firm backing Intermatic, supports investments in businesses with opportunities for operational improvement and growth. The Sunrise Technologies acquisition fits that pattern: it strengthens Intermatic's capabilities in outdoor lighting and infrastructure controls while creating opportunities to introduce complementary products to existing customers on both sides of the deal.

No purchase price or deal structure was disclosed. The next signal to watch is whether Intermatic folds Sun-Tech's three brands into its own distribution network or keeps the separate ordering and service channels in place longer term.

Source: pulse2.com

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Daniel Okafor

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Correspondent covering money, funding and market shifts around entrepreneurship, startups and venture funding at Business Bearings.

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