Principal Lighting Group, LLC (PLG) and Aries Graphics International, Inc. have entered into a definitive asset purchase agreement in which PLG will acquire certain assets of Aries Graphics in a cash transaction. The deal is set to close in approximately 45 days.
“We are very excited to continue the journey of Aries Graphics as part PLG,” Jeff Fassett, President of Aries Graphics said. “We believe PLG has the resources and commitment to the sign industry to help take our industry leading software to the next level. Together we look forward to launching LED Wizard 8, which will dramatically improve the productivity for sign shops in the process of estimating and producing LED channel letters and sign cabinets.”
PLG’s co-founder J. Bryan Vincent, Ph.D. added that “Aries Wizard software platform is an instrumental piece of the estimating process and fits directly with our mission of simplifying the lives of our customers.”
ABOUT PRINCIPAL LIGHTING GROUP
Principal Lighting Group is an innovator and market leader in the commercial sign industry and offers a full range of first-in-class quality and performance signage products under its Principal LED and Ventex Technology brands. PLG’s products include a complete range of new and retrofit LED solutions for channel letters, sign cabinets, architectural and linear lighting, as well as power solutions supported by superior quality, performance and world class customer service and support. Ventex products continue to serve the neon lighting industry with industry-leading transformers, sign switches, enclosure boxes, and other components. For more information about PLG, its offerings, and its patents, please visit http://p-led.local.
ABOUT ARIES GRAPHICS INTERNATIONAL
Founded in 1988 by Jim Fassett, a second generation sign maker, Aries Graphics has been serving the commercial sign industry for over 30 years with its industry leading Sign, Neon, and LED Wizard software. Wizard products have been sold in over 70 countries and is the leading neon and LED layout software in the global sign industry.