EfectoLED

Activity
Online distribution of LED technical and residential lighting
Headquarter
Valencia
Type of transaction
Management Buy-Out (MBO)
Project
International expansion and product development
Investment year
2018
Status
Current portfolio

Marketplace for LED lighting

In October 2018, Miura launched its third fund, Miura Fund III, by investing in EfectoLed, the leading European online LED distributor. The company commercializes technical and residential lighting solutions using LED technology, ranging from domestic to industrial lighting, as well as all sorts of electrical components. EfectoLed has consolidated its leading position within the European market thanks to its wide range of specialised products, excellent customer service and guaranteed delivery within 24 to 48 hours all over Europe.

The online LED lighting sector has grown by more than 50% annually in recent years and is expected to keep growing at c. 30% annually driven by LED technology’s higher efficiency compared to other technologies, and the sector’s growing online presence. Regarding the electric transportation market, it is expected to grow due to the increasing popularity of clean, sustainable and affordable means of transport in the main European cities.

The entry of Miura will accelerate EfectoLed’s internationalisation plan and reaffirm its European leadership. EfectoLed is currently the market leader in Spain, France, Italy and Portugal, and it plans to reinforce its presence in the United Kingdom, Germany, Poland, the Netherlands and the Nordic countries. EfectoLed‘s growth strategy envisages strengthening its position in the professional channel (installers) by expanding its range of products and services.

www.efectoled.com