SIB Lighting is rebranded as US Lighting Systems
Online PR News – 18-November-2020 – Charleston, SC – SIB Lighting, a Charleston based commercial LED lighting solutions company that works primarily in the Southeastern US market, will be rebranded to US Lighting Systems after entering into a licensing agreement. US Lighting Systems is a National LED company that helps smaller, regional lighting companies with infrastructure, project management and marketing.
Technology advancements in LED lighting over the last several years have resulted in compelling economics for conversion which are powerful enough to allow for zero upfront cost solutions. US Lighting Systems services clients in a variety of industries, including manufacturing, distribution centers, retail, multifamily, hospitals and parking garages. The company plans to expand by acquiring other firms and entering into licensing agreements in other parts of the country.
"LED Lighting retrofits have an outstanding return on investment with many companies reducing energy costs up to 80%. More importantly, we are seeing clients dramatically increase their productivity and safety by converting to new LED systems," said David Etzler, President of US Lighting Systems. Mr. Etzler has over 15 years of experience in the sector and is a Lighting Certified Practitioner (LC).
Gold Ridge Asset Management, a Charleston based private equity firm, will be providing capital and other resources to help the company grow. "We are excited to support David in the growth of US Lighting Systems and expanding geographically through acquisitions in this highly fragmented industry," said Michael Knox, President of Gold Ridge.
About US Lighting Systems
US Lighting Systems helps companies increase their productivity and save money through managing turnkey conversions of lighting systems. With a focus on mid-market companies, US Lighting Systems offers solutions throughout the entire country and has helped clients save millions of dollars. For more information about US Lighting Systems, visit their website at https://uslightingsystems.com
About Gold Ridge Asset Management
Gold Ridge Asset Management is a private equity and investment firm headquartered in Charleston, South Carolina. Gold Ridge partners with managers and owners who have significant resources committed to their businesses, and provides funding for acquisitions, growth capital, and ownership changes. Gold Ridge seeks to be long term investors in the companies with whom they partner, with the goal of achieving long term growth. For more information about Gold Ridge, visit their website at http://www.goldridgeasset.com