We have provided transaction support to LED Group, a premier platform for building electrification products and energy transition solutions with a portfolio including circuit protection and LED lighting products, on the acquisition of ATC Group (ATC), further diversifying LED Group’s product offering and enhancing its footprint across the UK and Ireland. This marks the first acquisition following Oaktree’s investment in LED Group, announced in October 2024, which Clearwater advised on.
Headquartered in Dublin, ATC is a renowned brand in energy efficient, electric heating, hand drying solutions and automation controls across the UK and Ireland. Founded in 1991, the company provides award-winning advanced solutions to a broad range of sectors. This marks a new chapter for ATC and provides the opportunity to grow its brand through LED Group’s more comprehensive commercial reach. ATC aligns well with the LED Group’s core values and its commitment to delivering high quality products and exceptional service to both wholesalers and electrical contractors. The addition of ATC’s energy efficient, electric heating, hand drying solutions and automation controls products strengthens LED Group’s portfolio across commercial, industrial, and residential segments, and further elevates its positioning in building electrification and energy transition.
ATC will continue to operate independently, and customers can expect continuity with the talented ATC team remaining dedicated to their existing roles. Brian Walsh, Managing Director of ATC, will continue to lead ATC with the full backing of LED Group’s extensive resources and support. ATC’s Founder and Chairman Ciaran O’Reilly will transition to a senior advisory role.
