LSI Industries Acquires JSI Store Fixtures, Creating Leading Commercial Lighting and Display Solutions Company
LSI Acquires JSI Store Fixtures for $90 million in an All-Cash TransactionSignificantly Expands Presence Within Grocery, Convenience and Specialty Store Vertical MarketsTransaction to Drive Revenue Growth, Margin Expansion and Immediate Adjusted EPS AccretionLSI to Host JSI Acquisition Conference Call at 8:30 AM ET on Tuesday, May 25, 2021 CINCINNATI, May 24, 2021 (GLOBE NEWSWIRE) -- LSI Industries Inc. (NASDAQ:LYTS) a leading U.S. based manufacturer of commercial lighting and graphics solutions, today announced the acquisition of privately held JSI Store Fixtures ("JSI") from RFE Investment Partners for a cash purchase price of $90 million. Maine-based JSI is a market-leading provider o