Strategic Acquisition Progress Lighting was recently acquired by Kingswood Capital Management in February 2024, indicating a potential for strategic growth and expansion opportunities that could benefit partners interested in a company with renewed investment and focus.
Product Innovation The company has introduced a series of LED fixtures and launched exciting new collections like Color Your World, demonstrating a commitment to innovative lighting solutions that cater to evolving market preferences and design trends.
Recognition & Awards Progress Lighting’s numerous industry awards, including Platinum and Gold awards for marketing and strategic communication, suggest high brand recognition and credibility, making it a strong partner for brands seeking association with a recognized leader.
Market Focus The company's focus on residential and light commercial lighting markets, combined with their extensive fixture designs, presents opportunities for growth in both home improvement and small-scale commercial project sectors.
Digital Engagement Progress Lighting actively employs modern digital tools and platforms like a virtual catalog, social media integrations, and marketing automation, indicating an openness to digital collaboration and innovative sales approaches.