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Orion Energy Systems, Inc. Acquires Stay-Lite Lighting

January 6, 2022

Orion Energy Systems, Inc. Acquires Stay-Lite LightingMaintenance Services business in early January. Orion provides LEDs, controls and IoT systems, as well as program management and system maintenance; Stay-Lite is a lighting and electrical maintenance service provider offering indoor and outdoor lighting repairs, sign repairs and manufacturer warranty support, with annual revenues of approximately $9 million.

Orion CEO and Board Chair Mike Altschaefl stated, “The acquisition of Stay-Lite Lighting into the Orion portfolio adds high-profile retail customers, self-performing capabilities in 15 states and a nationwide network of service coverage. This will substantially benefit our current and future customer base as it immediately expands our service and maintenance network, capabilities and offering, while adding 50 years of lighting industry experience and technical knowledge.”

Stay-Lite Lighting will operate as Stay-Lite, an Orion Energy Systems business.