Caymus Lights Up with Valley Buy

Caymus Equity has acquired Valley Lighting, a provider of lighting and shading services for commercial construction and renovation projects.

Valley Lighting is a provider of large-scale commercial lighting and shading systems used in complex construction and renovation projects.

The company provides its services—design consultation, product sourcing and procurement, project management, and lighting controls integration—to electrical contractors, general contractors, and facility owners operating in the government, healthcare, education, and data center sectors.

Valley Lighting was founded in 1974 and is headquartered near Baltimore in Linthicum Heights, Maryland. The company is led by founder and CEO Kathy Deppe, and Executive Vice President Tommy Jones.

“We’ve spent decades building Valley into the most trusted partner for high-end, complex commercial projects,” said Ms. Deppe. “In Caymus Equity, we found a partner who shares our values and has a track record of supporting founder-led businesses through their next phase of growth. We’re excited for what’s ahead.”

Both Ms. Deppe and Mr. Jones will remain in their positions post-close and have maintained equity interests in the company.

“Kathy, Tommy, and the Valley team have built a company with a well-earned reputation for excellence and long-standing customer relationships,” said Chris Faux, a partner at Caymus Equity. “Valley is exactly the type of business we look to back — operationally strong, customer-first, and poised for growth. Having recently exited a very successful investment in commercial HVAC, TriplePoint MEP, we quickly recognized the value of Valley’s business model and its customer-centric approach to more complex opportunities. We’re excited to help the company expand its geographic footprint and build on its legacy as a best-in-class lighting and shading partner.”

Caymus Equity invests in North American-based companies that are valued from $10 million to $100 million and have EBITDA of $2 million to $12 million. Sectors of interest include business services, healthcare services, consumer, and industrials. The firm prefers to have a majority ownership position and be the first institutional capital in a business. Caymus was founded in 2001 and is based in Atlanta with an additional office in New York City.

Co-investing in this transaction—debt and equity—alongside Caymus were SI Private Capital, LongWater Capital, Midwest Mezzanine Funds, and Enterprise Bank.

The buy of Valley Lighting is Caymus Equity’s sixteenth platform investment and the fourth platform for Caymus Equity Partners Fund II LP.

© 2025 Private Equity Professional | May 15, 2025