VRA Partners Advises Southwire on its Acquisition of Topaz Lighting

VRA Partners, LLC is pleased to announce that Southwire Company, LLC ("Southwire") has acquired Topaz Lighting Corp. ("Topaz"), a manufacturer of electrical components and lighting products. The transaction closed on December 6, 2021. VRA Partners acted as the exclusive financial advisor to Southwire on the transaction. Terms of the transaction were not disclosed.

A leader in technology and innovation, Southwire is one of North America's largest wire and cable producers and an emerging influence in the industrial electrical sector. Southwire and its subsidiaries manufacture building wire and cable, metal-clad cable, portable and electronic cord products, OEM wire products and engineered products. In addition, Southwire supplies assembled products, contractor equipment and hand tools.

Topaz is a leading provider of quality electrical fittings, components and lighting products. Headquartered in Medford, NY, Topaz has been serving the construction, industrial and OEM markets for more than 35 years. Southwire will welcome employees from Topaz and will integrate their distribution network to enhance Southwire's distribution footprint. Topaz's robust product offering of electrical components, commercial / industrial LED indoor & outdoor luminaires, LED lamps and traditional lighting will be leveraged to further strengthen Southwire's ever-growing product line of electrical solutions focused on the professional.

VRA Partners, an independent Atlanta-based investment bank, focuses on providing M&A services to leading middle-market companies and private equity firms. VRA Partners also assists companies with raising capital for growth, acquisitions, recapitalization, going-private and management buy-out transactions, and provides fairness opinions, valuations and strategic advisory services. The professionals of VRA Partners have completed more than 600 transactions across a broad range of industry sectors, including consumer and retail, business services, healthcare services and technology, industrial products and services, and technology and communications. VRA Partners, LLC is a Member FINRA/SIPC. For more information, please visit our website at www.vrapartners.com.

VRA's M&A expertise, precise execution and tailored approach to our growth strategy has significantly bolstered our group's portfolio of product offerings and solutions.

Brandon Moss
President – Southwire Tools, Components & Assembled Solutions Group