Harbour Group has joined forces with SloanLED to help accelerate the growth of the company, Jeff Fox, Harbour Group’s Chief Executive Officer, announced.
SloanLED is a leading designer and manufacturer of light emitting diode (LED) systems, primarily used in sign, spa, and optoelectronic applications. The company was founded by industry pioneer Charles Sloan in 1957 and has grown rapidly over the last decade by developing user-friendly LED lighting solutions, delivering only the highest quality products, and emphasizing superior customer service.
Mr. Fox said, “SloanLED is an excellent example of our strategy to acquire growing companies that are leaders in their markets. Tom and Jim Sloan and their team have built a strong brand by developing high quality LED solutions that address their customers’ needs in a unique and effective manner. Harbour Group is dedicating significant resources to SloanLED in order to accelerate the company’s penetration in its existing markets while entering additional markets through both new product introductions and complementary acquisitions.”
Jim Sloan, Principal of SloanLED, commented, “We are very excited about partnering with Harbour Group. They are truly our type of partner. Harbour Group has been helping companies like ours grow into global market leaders for 30 years. Their portfolio companies have strong reputations for innovation, quality and customer service, traits we strive to excel at everyday. Our team has been recognized for these traits and they are clearly the key to our success. All of us at SloanLED are eager to begin this new chapter with the company.”
Tom Sloan, Principal, added, “Harbour Group recognized our team’s achievements and future potential and is committed to helping us continue to build the company we envision through a program of new product introductions, continuous improvements and complementary acquisitions.”
Harbour Group is a privately owned company based in St. Louis. Harbour Group and its operating companies are engaged in the manufacture and distribution of a wide variety of consumer and industrial products, including automotive enthusiast products, lubricating systems and equipment, motion control products, abrasives, diamond cutting products and related tools, entertainment products, auxiliary plastic processing equipment, and heat exchange equipment.
