New Financial & Strategic Partnership for Dals Strengthens Long Term Growth Prospects in 2023

Dals

March 16, 2023

DALS is growing and we are excited to start the year with 2 significant milestones: a new financial partnership as well as the move into our expanded headquarters. The DALS team is committed to providing a great experience for our customers, our sales partners and all stakeholders.

BDG Partnership

We are pleased to announce that DALS Lighting has entered into a partnership with BDG & Partners, a Canadian-based private equity fund that specializes in investing in the wholesale and manufacturing sector in North America with a goal of generating sustainable long-term growth. This partnership brings together DALS Lighting’s industry expertise along with BDG’s entrepreneurial agility, institutional depth and capacity. This allows DALS to accelerate our product innovation efforts and capitalize on other growth opportunities.

We are excited about the future of DALS Lighting and believe that this partnership will enable us to drive our business forward and continue to grow. You can expect these changes to be seamless from an operational perspective. Joey Khatri will continue as President and Shareholder of DALS Lighting, and Chris Warnock will continue as Vice President of Sales, and also becomes a Shareholder through this transaction. Congratulations to Chris! 

For more information on BDG & Partners, please visit their website by clicking here.

Expanded Headquarters

Another exciting event is the move into our expanded headquarters which will be taking place over the next month. We have been working on the planning and execution of this project for over 2 years. This expanded building will allow us to warehouse even more inventory under one roof, optimize logistics with additional packing stations and shipping docks. It will also allow us to add office space to accommodate our growing team, consolidate our product development team in a new product design lab and have a showroom to host our customers and sales partners. Stay tuned for more details!

More Information Available Here

Related Articles

Changing Scene

Design

  • Canada Light Expo: Energy Efficient Lighting Solutions for Modern Businesses

    Canada Light Expo: Energy Efficient Lighting Solutions for Modern Businesses

    In today’s competitive business landscape, organizations are constantly seeking ways to reduce operational costs, improve sustainability, and foster productive work environments. Among the most impactful yet often overlooked areas of optimization is lighting. As businesses strive to balance profitability with environmental responsibility, energy efficient lighting has emerged as a strategic investment rather than just a utility… Read More…

  • Eralux: Lighting Project – Creative Office – Elevating Office Design with Flexy

    Eralux: Lighting Project – Creative Office – Elevating Office Design with Flexy

    Lighting plays a crucial role in shaping the ambiance and functionality of any space, and this office project is a perfect example of how innovation meets design. Featuring Flexy by Eralux, this stunning installation brings a dynamic and fluid lighting solution that enhances the architectural elements of the space. With its flexible, continuous illumination, Flexy seamlessly integrates… Read More…

New Products

  • RENO Lighting: Story J-Type Architectural Track Heads

    RENO Lighting: Story J-Type Architectural Track Heads

    RENO Lighting’s STORY Series Juno Track Light luminaire offers a unique integrated built-in driver and anti-glare design, simple and stylish. The J-Type track light head offers an adjustable, scalable lighting solution for residential and commercial applications. The structural arm provides a wide range of motion and maintains placement for precise illumination. Perfect for retail locations… Read More…

  • Liteline: SIGMA 2 Trimless – Designed to Disappear

    Liteline: SIGMA 2 Trimless – Designed to Disappear

    Let the ceiling disappear and the lighting do the talking with the all-new SIGMA 2 Trimless. Featuring a redesigned push-button clip, the fixture’s trim is secured directly into the mudding adapter, delivering a flush, plaster-integrated finish with no visible trim. The result is an uninterrupted ceiling, backed by the performance SIGMA 2 is known for. This… Read More…