March 3, 2003
SLI Inc. announces deal to sell its miniature light unit to Willkie client New York private equity fund M Capital LLC for $100 million.
On March 3, lighting manufacturer SLI Inc. announced it closed a deal to sell its miniature light unit to Willkie client New York private equity fund M Capital LLC for $100 million. M Capital previously supplied SLI with a portion of its $35 million debtor-in-possession funding. The Daily Deal noted that partners William Grant and Paul Shalhoub and associates William Stelwagon, Michael Handler and Matthew Lux advised M Capital on this acquisition.