Sale of Lexington-based "Big Ass Solutions" is official

Published: Dec. 30, 2017 at 8:43 PM EST
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Lexington-based company "Big Ass Solutions" sale is now official to a New York-based private equity firm.

In a news release dated Dec. 22, Lindsay Goldberg announced it bought the company.

Big Ass Solutions is the leading manufacturer of fans, lights and controls for industrial, commercial and residential use.

The company's sale was first reported in October for $500 million.

"We are extremely excited to partner with Big Ass Solutions," partner at Lindsay Goldberg, said. "We see the company as a unique opportunity that fits perfectly into Lindsay Goldberg's investment philosophy"

It is not clear how many employees the company has at this point in time.