Lumenetix light engine assembly

Lumenetix light engine assembly

Santa Monica-based private equity firm Angeles Equity Partners announced June 18 that its portfolio company ERP Power purchased lighting components manufacturer Lumenetix Inc.

Moorpark-based ERP Power acquired Lumenetix as part of plan to give the business a more prominent foothold as a supplier to larger lighting equipment manufacturers.

Financial terms of the transaction for the privately held companies were not disclosed.

The eleven-year old Lumenetix of Scotts Valley makes adjustable colored light engines and digital controls. The company's components are used to mimic everything from candlelight to sunlight in high-end settings, such luxury architectural projects and movie studios.

Finance reporter Pat Maio can be reached at pmaio@labusinessjournal.com or (323) 556-8329.

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