GE Current, a Daintree company (Current), has acquired Forum Inc. (Forum), a privately held, Pittsburgh-based architectural linear luminaire company with a 50-plus-year record of products and proven manufacturing capabilities. Forum has manufactured lighting for numerous landmark projects, including the World Trade Center Transportation Hub in New York City, Cleveland Clinic and the Roberto Clemente Bridge in Pittsburgh.
This transaction expands Current’s architectural portfolio and customization capability, and the additional U.S.-based manufacturing provides greater breadth to its product portfolio for the architectural community. Forum will be able to leverage Current’s innovation, capabilities and patents to help fuel future growth for the brand.
“Forum’s focus on providing high-quality linear solutions for architects, designers and specifiers makes them the ideal partner to expand our lighting portfolio,” says Manish Bhandari, CEO, Current. “Forum’s values and customer-centric culture are well aligned with Current. Current will continue to invest in Forum to deliver new solutions, accelerating their growth.”
Jonathan Garret, Forum’s president, comments: “Current’s commitment brings the resources that will enable Forum Lighting to continue building on our success within the specification lighting market. We will be able to expand our product selection and reinforce our commitment to offering flexibility and product variation for specifiers, architects and designers. We are very excited about this opportunity to advance our operational performance and marketing capability, and we are looking forward to working with the Current team to ensure a successful transition.”
Merrimack Group served as financial advisor to Forum Inc. Dickie McCamey and Fredrikson & Byron served as legal counsel to Forum and Current, respectively.