3 Rivers Capital Acquires Interlight to Position Company for Even Brighter Future
3 Rivers Capital Acquires Interlight to Position Company for Even Brighter Future
Pittsburgh, PA – August 6: 3 Rivers Capital (“3RC”) announced it has acquired Interlight, a family-owned and operated online distributor of specialty and replacement products with a focus on rare, hard-to-find light bulbs and batteries.
Headquartered outside of Chicago, Interlight is a provider of one of the largest inventories of specialty lightbulbs in the world and helps fulfill the lighting needs of clients such as Apple, Lockheed Martin, NASA, and SpaceX as well as medical institutions all over the country. Interlight has continued to make finding and purchasing specialty lighting much easier in today’s fast-paced environment.
“We were initially attracted to the strong value proposition Interlight brings to its customers and their commitment to providing the largest selection of specialty lighting products, best-in-class customer service, and same-day shipping,” said Dale Buckwalter, partner and co-founder of 3RC, “We’re excited to back an outstanding management team that has excelled in the ecommerce space and we look forward to a successful partnership and continued growth.”
As a new partner, 3RC will work to build on the value of the company through a strategic collaboration with Interlight’s current management team that’s comprised of the founder’s three sons who have been the catalyst to the company’s most recent growth.
3RC has also hired Jeffry Graham as CEO to help unlock the untapped potential in Interlight. “This is a special company with a special team and I couldn’t be more excited to be leading this business to an even brighter future.” said Graham.
Metz Lewis Brodman Must O’Keefe LLC served as legal counsel to 3 Rivers Capital.
About Interlight
Interlight maintains one of the largest lighting inventories in the world, which makes finding your specialty lighting that much easier. The family owned and operated business provides a plethora of lighting options to companies in industries spanning from military, medical, education, industrial and consumers. See more at https://www.interlight.biz
About 3 Rivers Capital
Founded in 2005, 3RC is a lower middle market private equity firm focused on controlled buyouts and recapitalizations of small private companies. 3RC’s primary focus and experience is acquiring family-owned companies and backing experienced management teams, where 3RC can rapidly create value by removing barriers to growth.