Headquartered in Tucson, Arizona, IOTA is a leading manufacturer of back-up power supply equipment for commercial, industrial and institutional emergency lighting applications. The Company provides a comprehensive portfolio of products that supplies light fixtures with emergency power to maintain code-compliant illumination after loss of power. IOTA is a market innovator that has developed a number of technology solutions (some patented) for LED lighting applications that have the broadest compatibility in the industry. The Company, founded in 1968, is well-positioned to continue its growth given its broad and comprehensive product line and its industry-leading reputation for technology, quality and superior customer service.
Acquisition Details – On February 24, 2017, Industrial Growth Partners V, L.P., in partnership with management and certain outside investors, purchased 100% of IOTA.
To learn more about IOTA Engineering visit http://www.iotaengineering.com/