KPMP, LLC acquires majority position in Best LED USA

KPMP, LLC today announced that it has launched an expansion of its investment portfolio with the purchase of a majority interest of Best LED USA, LLC.
By: Best LED USA, LLC
 
Aug. 9, 2012 - PRLog -- KPMP, LLC today announced that it has launched an expansion of its investment portfolio with the purchase of a majority interest of Best LED USA, LLC.  This places KPMP firmly in the lighting efficiency business through the acquisition of a majority interest in a leading LED lighting and high efficiency digital HID ballasts reseller.   This acquisition represents a strategic move on the part of KPMP, LLC, and significantly enhances the Company's holdings.  LED lighting and high efficiency light technologies represent an important sector of the commercial real estate market going forward.

K. A. Perez, CEO of KPMP, LLC, said, "We are extremely excited about the investment in Best LED USA and Best LED USA’s ability to significantly enhance our visibility in what is now becoming a rapidly expanding market for LED lighting products and other advanced lighting technologies”.

Best LED USA is excited with KPMP’s investment.  Company executives indicated that this will enable the launching new and more efficient products that will continue to challenge the performance and competitiveness of the market for retrofit and new fixture installations.

M.D. Perez, a managing director at KPMP reinforced the companies’ decision to invest in Best LED USA, based on the results of highly competitive field tests of the companies’ products, and that these products meet the requirements of the American Recovery and Reinvestment Act of 2009.

About Best LED USA
Best LED USA addresses even more applications, provides a remarkable price-point and meets the needs of residential and commercial spaces.  The entire series, including the Series 8, Series 9 and Series 10, is qualified for both residential (HOA) and commercial ENERGY STAR® standards.

Best LED USA, as a lighting energy efficiency provider, offers an continuously expanding line of products that include LED plates and fixtures and high efficiency Digital Ballasts, and we continue to explore and evaluate new offerings.

For additional product and company information, we can be reached by phone at
877-LED-1-USA or please visit us at www.bestledusa.com.

Best LED USA products meet the requirements of the Buy American Act; Section 1605 of the American Recovery Reinvestment Act (ARRA).
End
Source:Best LED USA, LLC
Email:***@bestledusa.com Email Verified
Tags:Leds, Led Lighting, Retrofits, Green Technology, Energy Saving
Industry:Commercial Lighting
Location:Boulder - Colorado - United States
Subject:Mergers
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