Atar Capital Acquires Panasonic’s American Lighting Division

Atar Capital recently acquired Universal Lighting Technologies and Douglas Lighting Controls. As part of this strategic acquisition, the two businesses will be known as Universal Douglas Lighting Americas (UDLA). The new company, bolstered by Atar Capital’s leadership, will maintain headquarter locations in both Nashville, Tenn., and Burnaby, British Columbia, Canada.

Universal Lighting Technologies manufactures LED lighting solutions for the commercial market with solutions that range from LED upgrades and retrofits to connected lighting solutions and IoT digital services. Douglas Lighting Controls develops advanced control systems and end-to-end energy-efficient digital lighting control solutions for commercial buildings, campuses and sports complexes. 

“Atar Capital has been a valued partner throughout the acquisition process,” said Ty Anderson, president of UDLA. “We appreciate its support as we pursue new opportunities in the enabled digital IoT market. As we enter this new era of the company, we have never been better positioned to continue to provide a wide and increasing product range of lighting controls, retrofits and LED components. UDLA’s commitment to digital lighting innovation and our 75-year heritage of quality and service will serve us well as we execute our new strategic vision.”