# Globe Electric acquires HeathCo from Transom Capital Group

Globe Electric Company Inc., backed by Novacap, acquired HeathCo LLC from Transom Capital Group. HeathCo manufactures HeathZenith branded lighting and door chime products. Financial terms were not disclosed.

- Type: Acquisition
- Announced: 2021-11-10
- Status: completed
- Products: lighting solutions, door chimes, smart home systems
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Transom Capital Group](https://endata.com/companies/7959.md) (investor)
- [Novacap](https://endata.com/companies/10320.md) (investor)
- [Globe Electric Company](https://endata.com/companies/55063.md) (acquirer)
- [HeathCo](https://endata.com/companies/58913.md) (target)

## Sources

- [privatecapitaljournal.com](https://privatecapitaljournal.com/globe-electric-acquires-heathco-from-transom-capital-group/), 2021-11-10: "Globe Electric Company Inc., a portfolio company of Novacap and Fonds de solidarité FTQ and Fondaction, has acquired HeathCo LLC from Transom Capital Group."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.