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Private equity firm JMC Capital Partners agreed to acquire Phoenix, a Milwaukee-based rugged LED lighting specialist for mining. Founder George Wordingham will retire and sell his stake. Phoenix will continue operations in Milwaukee.
“Private equity firm JMC Capital Partners has agreed to acquire rugged lighting specialist Phoenix in a deal that should see the Milwaukee-based company further expand.”im-mining.com
Summarized from public sources; check the original articles before acting on it.