Leumi ABL lends £7.75m to Prime Light for complementary corporate acquisition
Posted: 04 Sep 2025 | Share
Leumi ABL is delighted to announce a £7.75 million ABL Debt Facility for specialist lighting components solutions provider, Prime Light Electrical. The Facilities include Receivables and Term Loan debt to help facilitate the carve-out acquisition of Emergency Lighting Products (ELP) from Jordan Reflectors to support the business’ accelerated growth plans.
Backed by Sponsor, Bay Tree Private Equity, Prime Light have a wide product portfolio of LEDs, drivers, control gear and smart lighting systems.
The transaction now brings together two industry-leading brands, enabling greater innovation, broader, more integrated product offerings and strong cross-selling opportunities for both businesses. ELP are highly regarded in the lighting sector with over 30 years of expertise and history in innovation and excellence in emergency lighting technology.
This transaction marks the continuation of a strong and trusted relationship between Leumi ABL and Prime Light dating back to 2023 when Leumi ABL first supported Prime Light’s growth with multi-million-pound refinancing facilities.
Rowley Brown, CFO of Prime Light, commented: “With ambitious plans at Prime Light, we are delighted to have worked with Leumi ABL on the acquisition of ELP. ELP is a strong business with significant potential, and we see considerable opportunities ahead for the joint entity. It was a seamless process to build upon thee already strong relationship that we previously developed with Leumi ABL, and we look forward to their continued input and support.”
David Wingfield, Founder and Partner at Bay Tree Private Equity, added: “It was essential that the Leumi ABL facilities provided both flexibility and certainty to support our transaction while also meeting ongoing cashflow requirements. Prime Light and ELP will now provide an unparalleled market offering with ambitious plans for expansion over the next phase of development.”
Leumi ABL Regional Sales Director, Martin Risman, said: “The Leumi ABL team is very happy with the combined strength and potential of Prime Light and ELP, and we are delighted to support their integration. It has been a pleasure working once again with such an excellent Sponsor and the management team. Prime Light and Bay Tree have a clear vision for ELP which gives us great confidence in the new Group’s growth ambitions, and we look forward to seeing them deliver on these objectives.”
Legal support was provided to Leumi by DMH Stallard.