Radiant Health Saunas Inc. has been acquired by Lighthouse Equity Partners
Relay Transition Partners is pleased to announce that Radiant Health Saunas Inc. (“Radiant” or the “Company”) has been acquired by Lighthouse Equity Partners, who partnered with Company management to complete the transaction.
Radiant Health Saunas is North America’s leading infrared sauna provider for health and wellness-conscious customers. Available in models for one to four people, Radiant saunas are renowned for their top industry specifications. Customers purchase directly from the company, often based on extensive research and referrals from wellness practitioners and thought leaders. Radiant has experienced strong growth, driven by its deep commitment to product quality, exceptional customer service, and the wellness benefits offered by its industry-leading infrared saunas.
Relay Transition Partners acted as financial advisor to Radiant Health Saunas Inc.
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Founded in 1997, Radiant Health Saunas is North America’s leading provider of infrared saunas, known for setting the standard in product quality and wellness benefits. Radiant Health Saunas are trusted by a wide network of wellness professionals, including medical doctors, naturopaths, massage therapists, physiotherapists. and chiropractors, who use infrared therapy to support their patients and clients. As the company enters a new chapter, founder Randy Gomm is working with Lighthouse and new management to ensure a smooth transition before his well-deserved retirement.
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Lighthouse is a private equity investment partner to small and medium businesses seeking a collaborative ownership transition. Entrepreneurial and engaged, Lighthouse brings resources to unlock future growth in every company it partners with. Lighthouse is based in Vancouver and invests in successful businesses across western Canada and the western United States.