LSI Industries acquires Royston Group

LSI Industries agreed to acquire Royston Group. Reported deal value: $325M. Status: Pending. Sector: Retail Solutions. Target headquarters context: United States.

This page summarizes publicly available information about the transaction as of 2026-02-25. Figures and status may change as filings and press coverage update.

LSI Industries Inc. , a leading U.S. based manufacturer of commercial lighting and display solutions , today announced that it has entered into a definitive agreement to acquire privately held Royston Group , a leader in identity and equipment solutions for retail environments, from Industrial Opportunity Partners for an aggregate purchase price of $325 million, subject to a working capital adjustment, with $320 million of the purchase price payable in cash at closing and the remaining $5 million payable in the issuance of shares of the Company common stock, valued as of the closing price o...