MKD Electric Invests in Ecosense Lighting
BOSTON, MA (February 25, 2021) - MKD Electric, LLC ("MKD"), a full-service industrial automation and electrical service platform, made an investment in Ecosense Lighting, Inc. (“Ecosense”).
Based in Los Angeles, CA, and founded in 2009, Ecosense is a leading LED technology company delivering advanced lighting solutions across a broad range of applications. Ecosense provides hardware, software, color science, and data science solutions to a diverse customer base. Some of the company’s blue-chip clients include Amazon, Google, Apple, Tesla, Microsoft, Starbucks, Disney, BMW, Chase, Marriott, and Barclays.
Ecosense’s technology provides software-enabled energy efficient lighting solutions to maximize the effectiveness of lighting applications. Ecosense is led by an established management team that is known to Hastings, which provided us with a unique opportunity to participate in this exciting venture. Ecosense holds a strong patent portfolio that it has successfully commercialized resulting in inclusion in the Inc. 500 list of America’s Fastest Growing Private Companies and the Deloitte Technology Fast 500. We believe that Ecosense is well-positioned to not only grow organically, but also through strategic acquisitions in new geographies and service lines, as well as through tactical partnerships, several of which we have already identified.
Michael Wesa, President of MKD, shared his enthusiasm about this investment, “We are excited to expand our partnership with Hastings through this investment in Ecosense. Ecosense offers a truly revolutionary technology solution that is an excellent complement to MKD’s service offering. Their combination of products and software are unmatched in the market. Ecosense has a very bright future, and we are excited to be a part of it.”