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

  • Magic Lite Goes Off Grid on The Magnetawan River

    June 20, 2024 by Anantkumar Desai Imagine waking up every day to the tranquil beauty of nature, knowing your home doesn’t just sit on the earth—it partners with it. That’s the dream Barry and Lorraine Burton made real on the banks of the Magnetawan River, Off Grid. With over 25 years in the lighting industry, Barry’s… Read More…

  • Ascot Aquires NRG Management

    June 20, 2024 Originally Posted on Linkedin Ascot Capital Group is pleased to announce that it has acquired NRG Management inc., a local lighting agent in the Quebec market. NRG will begin representing Stanpro for projects effective August 5, 2024, which will allow Stanpro to participate more effectively in specification projects and design-build than it… Read More…


Design

  • Resilience Illuminated: Reviving Westminster Pier Park After Devastating Fire

    Resilience Illuminated: Reviving Westminster Pier Park After Devastating Fire

    In September 2020, the picturesque city of New Westminster near Vancouver in British Columbia suffered a devastating setback when an intentionally set fire destroyed much of the city’s waterfront park, including its urban beach, sand volleyball courts, and iconic art installation known as Wow Westminster. The fire, which burned for ten days before firefighters could… Read More…

  • Lumentruss Case Study: The Honeyrose Hotel’s Beautiful Redesign

    Lumentruss Case Study: The Honeyrose Hotel’s Beautiful Redesign

    May 30, 2024 A unique example of intimate spaces created using Lumentruss products at the Honeyrose Hotel. HONEYROSE Hotel, Montreal, a Tribute Portfolio Hotel. The beautifully inspired Art Deco boutique hotel located in the heart of Montreal is an exemplary demonstration of integrating layers of light into the architectural design to bring the architecture to… Read More…


New Products

  • Eralux Inc. Unveils Flexa: The Elegantly Flexible Decorative LED Tube Lighting Solution

    Eralux Inc. Unveils Flexa: The Elegantly Flexible Decorative LED Tube Lighting Solution

    June 20, 2024 Eralux Inc. is excited to announce the launch of its latest product, Flexa, a revolutionary decorative LED tube that brings unparalleled versatility and elegance to lighting design. Flexa is designed to transform any space with its unique ability to be manipulated into virtually any shape, offering endless creative possibilities. Whether you want… Read More…

  • LED Lighting for Modular and Prefab Home Construction from Earthtronics

    LED Lighting for Modular and Prefab Home Construction from Earthtronics

    June 20, 2024 As the construction industry evolves, modular and prefab homes are becoming increasingly popular due to their efficiency, cost-effectiveness, and sustainable building practices.  Modular homes are built in sections at a factory and then assembled on-site, offering faster construction times and less waste. Prefabricated homes, similar in nature, are manufactured off-site in advance, typically in standard sections… Read More…