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Syncrolite Retails M&A Specialist Heritage Equity Partners

September 26, 2016, 08:09 AM
Filed Under: Manufacturing

Syncrolite, LLC, a leader in the large format entertainment systems industry, has retained Heritage Equity Partners (“HEP”) to seek an investor, partner or buyer for all or some of the company’s business lines.  Founded in 1984, Syncrolite is a global leader in the design, manufacture, rental, and sale of large format, automated Xenon lighting for theatrical and architectural lighting applications.  The Company’s products have been used on thousands of major motion pictures, concert tours, television specials, events, openings and high-profile installations worldwide. 

Located in Dallas, Syncrolite has a diverse list of existing domestic and international clients.  Syncrolite’s installations include major entertainment venues, casinos, theme parks, and monuments.  In addition, the Company also rents their products to major concert tours, festivals, corporate events and sporting events, including the Olympics, Super Bowls, and World Cups. Through recent acquisitions, the Company has acquired two of the top brand names and technologies in the industry:  Strong and SkyTracker. The Company’s products include the SyncroMITE™ Beam and Automated Follow Spot (AFS), Syncrolite® large format Xenon automated lighting fixtures, Syncrolite Arena Color, Strong® follow spots, and SkyTracker® searchlights.

According to Hank Waida, a Managing Director at HEP, “This is an outstanding opportunity to purchase the rental operation, sales operation, or both market segments of a large format lighting company offering best-in-class products to a diverse base of existing clients.”

Heritage Equity Partners, formerly Equity Partners, Inc., based in Easton, MD, provides investment banking services and has completed in excess of 450 engagements throughout the United States since 1988.  

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