19th May 2015 07:00
JZ CAPITAL PARTNERS LTD - Sloan LED AcquisitionJZ CAPITAL PARTNERS LTD - Sloan LED Acquisition
PR Newswire
London, May 18
JZ CAPITAL PARTNERS ACQUIRES EQUITY STAKE IN SLOAN LED 19th May 2015 JZ Capital Partners Limited (LSE:JZCP.L or "JZCP"), the London listed privateequity fund that invests in high quality US and European microcap companies andUS real estate, has closed a co-investment alongside Baird Capital Partners("BCP") in Illumination Investments LLC, d.b.a Sloan LED ("Sloan"), amanufacturer of LED lights and lighting systems. JZCP invested US$4.9 millionin the transaction. Founded in 1957, and based in Ventura, California, Sloan is a market leader inthe signage, spa and channel lighting sectors and has started to look into newapplications to expand its offering. David Zalaznick, JZCP's Founder and Investment Adviser, commented: "Thisacquisition expands our US portfolio of diverse, high-quality companies. We'reexcited to be invested in Sloan and look forward to working with management asthey grow the business." Ends For further information: Ed Berry / Kit Dunford +44 (0) 20 3727 1143FTI Consulting David Zalaznick +1 212 4859410Jordan/Zalaznick Advisers, Inc. Andrew Maiden +44 (0) 1481 745368JZ Capital Partners About JZCP JZCP is a London listed private equity fund which invests in high qualitymicrocap companies, real estate and other debt and equity opportunitiesglobally but with a particular focus on opportunities in the US and Europe. Itscorporate objective is to create a portfolio of investments providing asuperior overall return comprised of a current yield and significant capitalappreciation. JZCP receives investment advice from Jordan/Zalaznick Advisers,Inc. ("JZAI") which is led by David Zalaznick and Jay Jordan. They have workedtogether for 30 years and are supported by teams of investment professionals inNew York, Chicago, London and Madrid. JZAI's experts work with the existingmanagement of microcap companies to help build better businesses, create valueand deliver strong returns for investors. For more information please visitwww.jzcp.com.
Related Shares:
Jz CapitalJZCC.L