Varon Lighting Group is a holding company of wholly-owned niche lighting companies operating in commercial, industrial, and institutional markets. Based in Chicago, the Company engaged Promontory to pursue growth and acquisition alternatives for the business, including increasing Varon’s existing presence in the high growth energy efficient lighting market. Promontory provided advisory services to Varon and assisted in their acquisition and financing of Wisconsin-based Paragon Lighting, a niche provider of energy saving fluorescent lighting products.
By Christopher Riegg
Christopher Riegg, CFA, CPA is the Founding Partner of Promontory Strategy Group (PSG), providing strategic and financial advisory support to privately held and family-owned businesses. He also co-leads Promontory Point Capital (PPC), the investment banking firm he co-founded in 2004, and is the creator of RieggInsights.com, a platform focused on strategic growth, value creation, and successful transaction outcomes.
