- Further advances combined business’s building electrification capability in UK and Ireland.
- Marks first acquisition following Oaktree’s investment in LED Group, announced October 2024.
LED Group, a premier platform for building electrification products and energy transition solutions with a portfolio including circuit protection and LED lighting products, today announced that it has acquired ATC, further diversifying LED Group’s product offering and enhancing its footprint across UK and Ireland.
Headquartered in Dublin, ATC is a renowned brand in energy efficient, electric heating, hand drying solutions and automation controls across the UK and Ireland. Founded in 1991, the company provides award-winning advanced solutions to a broad range of sectors. More information can be found at https://www.atc.ie/
This marks a new chapter for ATC and provides the opportunity to grow its brand through LED Group’s more comprehensive commercial reach. ATC aligns well with the LED Group’s core values and its commitment to delivering high quality products and exceptional service to both wholesalers and electrical contractors. The addition of ATC’s energy efficient, electric heating, hand drying solutions and automation controls products strengthens LED Group’s portfolio across commercial, industrial, and residential segments, and further elevates its positioning in building electrification and energy transition.
ATC will continue to operate independently, and customers can expect continuity with the talented ATC team remaining dedicated to their existing roles. Brian Walsh, Managing Director of ATC, will continue to lead ATC with the full backing of LED Group’s extensive resources and support. ATC’s Founder and Chairman Ciaran O’Reilly will transition to a senior advisory role.
Mick G. Slein, LED Group CEO, said: “This partnership marks a new chapter for ATC and is another milestone in our building electrification buy and build strategy. We have watched ATC grow for many years and have taken inspiration from their customer-focussed approach. Together we know we can deliver an even better experience for customers across our markets, and we look forward to working alongside the ATC team to further assist in increased electrification and the transition to more sustainable buildings.”
Ciaran O’ Reilly (Founder) and Brian Walsh (Managing Director), said: “ATC has grown immensely over the past 34 years, and we are incredibly proud of the journey we have taken with our customers and suppliers. We believe this exciting new chapter with the LED Group will provide ATC with access to additional resources and new markets, whilst continuing to allow us to serve our customers with the same exceptional quality and innovation that they’ve come to expect from us. We look forward to ATC’s continued growth working alongside the LED Group”
The transaction is expected to close in Q1 2025. Financial details were not disclosed. This transaction is subject to customary approval from the Competition and Consumer Protection Commission (CCPC).
