Riverwood and Pegasus Invest in Lighting Science Group
May 30, 2012
Riverwood Capital has led a new round of funding for Lighting Science Group (OTCBB: LSCG), a manufacturer of LED lighting solutions. This round is the final one in a series of private placements through which LSG secured $140 million in equity funding and commitments—$88 million of which is new equity funding and commitments, while the remainder represents the conversion of certain bridge financings. Pegasus Capital Advisors, the company's majority owner, also participated, investing and committing a total of up to $55 million.