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Eurofase Announces Strategic Investment From Beach Point Capital Management

Dec 04, 2023•over 1 year ago
Richmond HillManufacturing

Investors

DavidsonEurofase's Ceo, Tony DavidsonThe Bitton FamilyBpc Tactical Fund LpBeach Point's Private Equity TeamBeach Point Capital Management

Description

Eurofase Inc. ("Eurofase" or the "Company"), a manufacturer of premium lighting and heating products in North America, based in Toronto, Canada today announced a strategic investment from Beach Point Capital Management ("Beach Point"). The investment was made by Beach Point's private equity team on behalf of BPC Tactical Fund LP. The Bitton family, which founded the business in 1989, retains a stake in the business along with Eurofase's CEO, Tony Davidson

Company Information

Company

Eurofase

Location

Richmond Hill, Georgia, United States

About

Founded in 1989, Eurofase Inc. is a leading designer and manufacturer of premium lighting fixtures and heating products. Over the last 30+ years under the Bitton family, the Company has emerged as a design leader and key supplier to some of the preeminent retailers and distributors across North America. Eurofase boasts a wide array of distinguished products catering to a range of commercial and residential applications. For more information, visit www.eurofase.com.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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