U.S. Pole designs and manufactures decorative outdoor lighting products used to decorate and illuminate parking lots, walkways, streets, and other outdoor areas. Traditionally designed products are sold through the Sun Valley Lighting brand and contemporary products are sold through the US Architectural Lighting brand.
The founder and current President had grown the company internally over 20 years and sought personal liquidity and diversification as well as a partner to help him grow the business. Given the company’s growth prospects and the President’s continued desire to run the company, he decided to pursue a leveraged recapitalization. Caltius Mezzanine provided financing to fund the recapitalization.
“Caltius remained patient throughout the investment process and was able to understand our needs and concerns. Caltius’ flexibility was integral in addressing these needs and getting the deal done.”
Joe Straus, President, U.S. Pole Company