Harbour Group Acquires ILP Holdings Corporation

ST. LOUIS, April 3, 2017 /PRNewswire/ -- ILP Holdings Corporation ("ILP") is now part of the Harbour Group family of companies, Jeff Fox, Harbour Group's chairman and chief executive officer, announced today.  Terms of the transaction were not disclosed.

ILP is an innovative manufacturer of energy-efficient luminaries and retrofit solutions with over 14 years of experience supporting builders and retrofitters with green building initiatives. The company has developed a wide range of LED products to support commercial, industrial, and outdoor applications focused on energy and maintenance savings.  New products like the UFO parking garage fixture and the LANCE retrofit kits demonstrate ILP's ability to deliver performance and value with exceptional aesthetics.  ILP is headquartered in Sanford, Florida, and has an additional facility in Reno, Nevada.

"ILP's ability to engineer and design new products and to provide high quality, reliable products at competitive prices has made it a recognized brand in its segment of the industry," Mr. Fox said.  "The company is well positioned to take advantage of the market shift to LED lighting over the years to come.  We are very excited to welcome the ILP team to the Harbour Group family and to work together to continue growing the company both organically and through complementary acquisitions."

Jason Hendren, the founder and CEO of ILP, added, "We couldn't be more excited about our partnership with Harbour Group.  Their global resources and manufacturing expertise will enable us to accelerate our product development and growth initiatives.  We are eager to tap into their extensive resources and continue to be our customers' number one source for energy-efficient lighting."

About Harbour Group

Harbour Group is a privately owned, operations focused company based in St. Louis, Missouri. Harbour Group's companies are engaged in manufacturing and distribution across diverse industries including flow control products, scientific products and lab ware, thermal management solutions, flow and energy measurement, boiler systems, professional diagnostic and repair tools, niche distribution, logistics services, abrasives, diamond-cutting products and related tools, entertainment and music products, and auxiliary plastic processing equipment. Since its founding in 1976, Harbour Group has acquired 193 companies in 41 different industries.

SOURCE Harbour Group