MINNETONKA, MN (January 7, 2025) — Tonka Bay Equity Partners LLC (“Tonka Bay”) invested in LightMart Holdings LLC (“LightMart”), a value-added distributor of outdoor industrial and commercial lighting products and accessories. Tonka Bay has partnered with LightMart founders Sami and Lori Ozgen to accelerate the company’s growth plans.

Headquartered in Lake Zurich, Illinois, LightMart began in the Ozgen’s garage and evolved into a value-added distributor and manufacturer, offering powder coating, CNC machining, and welding capabilities. LightMart has amassed a diverse, national customer base of electrical contractors, distributors, and end users.

The Ozgens, who founded the business in 2009, said, “We are incredibly proud of the reputation LightMart has earned in the outdoor lighting industry. Partnering with Tonka Bay marks an exciting new chapter. We are confident their resources and expertise will help LightMart grow while maintaining the standards and culture that have always been at the heart of our business.”   

Zach Huston, Director at Tonka Bay, stated, “Sami and Lori built an exceptional company with a strong reputation in the outdoor lighting market that has been focused on meeting the specific needs of their diverse customer base. We are excited about partnering with LightMart to expedite growth through strategic investments and operational excellence.”

About LightMart

Based in Lake Zurich, Illinois, LightMart is the preferred source for light poles and commercial lighting products and offers turnkey solutions to a diverse commercial and industrial customer base. For more information about LightMart, please visit lightmart.com.

About Tonka Bay Equity Partners

Based in Minnetonka, Minnesota, Tonka Bay has been Building Bigger, Better Businesses® for over 25 years. Tonka Bay acquires and invests in growth-oriented companies in the highly engineered manufacturing, value-added distribution, and business services sectors. For more information call (952) 345-2030 or visit tonkabayequity.com.