Gibson Dunn Advises Funds Managed by Oaktree in the Acquisition of LED Group

Firm News  |  October 24, 2024

Gibson Dunn advised funds managed by the Power Opportunities strategy of Oaktree Capital Management, L.P. (“Oaktree”), a leading global investment manager specialising in alternative investments, on its partnership with LED Enterprises Limited (“LED Group” and the “Group”), operating through the ROBUS and FuseBox brands, to develop a premier platform for building electrification products and energy transition solutions.

ROBUS provides energy-efficient lighting solutions for commercial, industrial, and residential applications. FuseBox is a leading UK provider of circuit protection devices. Through the partnership with Oaktree, LED Group will leverage the Power Opportunities team’s expertise, track record and access to capital resources to drive scalability through organic growth and strategic acquisitions. LED Group’s senior management team will remain in place and reinvest in the business, demonstrating their commitment to the partnership and the Group’s growth trajectory.

The Gibson Dunn team advising Oaktree was led by partner Will Summers and included of counsel Manjinder Tiwana and associates Oliver Hill and Alex Eldredge (Corporate); partner Ben Fryer and associates James Chandler and Jason Richards (Tax).