Houlihan Lokey Advises Funds Managed by Oaktree

Houlihan Lokey is pleased to announce that LED Enterprises Ltd. (LED Group), operating through the ROBUS and FuseBox brands, and funds managed by the Power Opportunities strategy of Oaktree Capital Management, L.P. (Oaktree), a leading global investment manager specialising in alternative investments, have established a partnership to develop a premier platform for building electrification products and energy transition solutions. Houlihan Lokey acted as exclusive financing advisor to Oaktree and provided debt advice on all commercial aspects of the financing transaction.

Founded in 1984 and headquartered in Dublin, Ireland, LED Group, through ROBUS, provides energy-efficient lighting solutions for commercial, industrial, and residential applications across the U.K., Ireland, Europe, Africa, the Middle East, Australia, and New Zealand. The acquisition of FuseBox, a leading U.K. provider of circuit protection devices, expanded LED Group’s position in the growing building electrification and energy transition sectors.

Oaktree is a leader among global investment managers specialising in alternative investments, with $193 billion in assets under management as of 30 June 2024. The firm emphasises an opportunistic, value-orientated, and risk-controlled approach to credit, private equity, real estate, and listed equities investments. Oaktree’s Power Opportunities investment approach addresses fundamental changes in the electrical power and utility sectors, driven by evolving customer needs, supply dynamics, increased electrification efforts, and the push for decarbonisation, as well as advancements in technology.

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