
Principal Industries
A leading innovator in LED lighting with high-efficiency, low-maintenance LED lighting systems.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
* | N/A | Buyout | |
Total Funding | 000k |
Founded in 2010 by brothers Bryan and Blake Vincent, Principal Industries has established itself as a significant manufacturer and supplier of electrical components for the commercial sign and architectural lighting industry. Headquartered in San Angelo, Texas, the company provides a comprehensive range of light-emitting diode (LED) products and services. The business primarily serves the electrical sign industry, with end-users in sectors such as retail, hospitality, petroleum, quick-serve restaurants, banking, and automotive.
The company's business model revolves around designing, producing, and supplying LED solutions for brand imaging and illumination. This includes manufacturing LED modules, channel letters, cabinet signage components, power supplies, and offering software for lighting layouts. Revenue is generated through the sale of these products and associated services to a network of distributors across North America. A key part of their strategy is simplifying the sign illumination process for customers, providing tools and support for fabrication and retrofitting projects.
Principal Industries has grown significantly through strategic acquisitions. A major milestone was the acquisition of SloanLED in October 2022, a California-based company with a history dating back to 1957, known for its engineered LED solutions and global presence. This move expanded Principal's product portfolio and international footprint, combining two major brands in the signage lighting market. Subsequently, the company acquired the HanleyLED brand in January 2024, further diversifying its offerings. The company itself was acquired by private equity firm Wynnchurch Capital in late 2024, with the founders and management team partnering in the transaction to support the next phase of growth.
The product and service portfolio is extensive, operating under five distinct brands: Principal Sloan, SloanLED, Principal Services, Ventex Technology, and LED Wizard. The offerings include a wide array of LED products such as modules, linear and edge lighting, drivers, and custom-engineered assemblies for complex branding needs. They also provide software like the "Sign Supply Wizard" to help clients estimate materials, generate layouts, and create a bill of materials. Their services division, Principal Services, focuses on providing dynamic LED controls, including RGB and DMX systems, along with on-site installation support. Keywords: LED lighting solutions, commercial signage, brand imaging, architectural illumination, LED modules, electrical components, sign fabrication, sign retrofitting, SloanLED, Principal Sloan, Ventex Technology, LED Wizard, lighting layout software, brand illumination, channel letters, cabinet signs, lighting power supplies, LED drivers, DMX control, commercial lighting, retail lighting, hospitality lighting, petroleum lighting, Wynnchurch Capital, Bryan Vincent, Blake Vincent