Description: American De
Rosa Lamparts is a leading supplier and designer
of lighting parts, hardware, fixtures, ceiling
fans, and plumbing parts. The Company
carries a broad range of products, stocking
more than 13,000 different part numbers. American
De Rosa Lamparts sells its products to a wide
range of customers, including lighting and
electrical distributors, catalog houses, lighting
showrooms, and independent lighting manufacturers.
Background/Purpose: American
De Rosa Lampart’s sole shareholder acquired
the Company in 1984 and built it through several
acquisitions and organic growth. Prior
to partnering with ShoreView, he was seeking
to monetize the value he created, to plan for
eventual leadership transition, and to partner
with a strong financial sponsor to capitalize
on growth opportunities. ShoreView structured
a transaction that allowed the owner to achieve
these objectives while retaining a substantial
ownership stake in the Company. In addition,
the Company’s President, who was not
previously an owner, invested in the equity
of the Company.
Growth Strategy:
Opportunistically pursue add-on acquisitions
Support organic growth by adding distribution
centers
Expand the Company’s product offering
Results:
American De Rosa is positioned to capitalize
on growth initiatives, including acquisitions
