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Acuity Brands

1170 Peachtree Street NE, Suite 1200, Atlanta, GA, 30309, United States

Overview

Acuity Brands, Inc. (NYSE: AYI) is the North American market leader and one of the world’s leading providers of lighting and building management solutions for commercial, institutional, industrial, infrastructure, and residential applications throughout North America and select international markets. With fiscal year 2017 net sales of $3.5 billion, Acuity Brands currently employs over 12,000 associates and is headquartered in Atlanta, Georgia with operations throughout North America, and in Europe and Asia. The Company’s lighting and building management solutions vary from individual devices to intelligent network systems. Individual devices include luminaires, lighting controls, lighting components, controllers for various building systems (including HVAC, lighting, shades and access control), power supplies, and prismatic skylights. Among other benefits, intelligent network systems can optimize energy efficiency and comfort as well as enhance the occupant experience for various indoor and outdoor applications, all the while reducing operating costs. Additionally, the Company continues to expand its solutions portfolio, including software and services, to provide a host of other economic benefits resulting from data analytics that enables the “Internet of Things” ("IoT") and supports the advancement of smart buildings, smart cities, and the smart grid. Their century of tradition, their current financial strength and their commitment to a sustainable future, provides us with an opportunity to grow, innovate and further capture the rapidly growing market opportunities before us.

Total investments
1
Lead investments
0
Investments · 12mo
0
Active investors
0

Sector focus

  • Electronics
  • Lighting
  • Manufacturing
  • Smart Building
  • Smart Home
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Investment portfolio

  • Sensity Systems

    Participated · Equity · Jul 2015

    Sensity Systems builds Light Sensory Networks by embedding sensors, wireless connectivity, and data analytics into LED luminaires to collect and transmit data and enable cloud-based applications. Its NetSense platform is an open, privacy-by-design, multiservice cloud offering that supports applications for smart cities, parking management, retail location analytics, public safety, environmental monitoring and other services. The company uses energy-efficient LED lighting as the foundation and targets lighting owners converting to LED to monetize installations through IoT services. Sensity closed a $36M private funding round led by Cisco Investments with participation from Acuity Brands, GE Ventures and Simon Venture Group, bringing total capital raised to $74M. The new funding will be used to scale the NetSense platform, expand the application developer program globally and support rapidly growing sales and LSN installations worldwide. Sensity is headquartered in Sunnyvale, California, and intends to accelerate deployment of its IoT applications ecosystem to enable customers to optimize operations, enhance security and reduce energy usage.

Team

No current team members are available.