August 3, 2026

5 Big Questions: F.X. Souvay and Peter Timotheatos of LMPG

F.X. Souvay, Founder and Executive Chairman, and Peter Timotheatos, President and CEO of LMPG, discuss Platinum Equity's investment and the company's path forward

In this interview, F.X. Souvay, Founder and Executive Chairman of LMPG, and Peter Timotheatos, LMPG's President and CEO, discuss Platinum Equity's controlling investment in the company and what it signals for the architectural lighting business going forward.

LMPG is the parent company of a brand portfolio that includes Lumenpulse, Fluxwerx, Sternberg, Exenia, Pa-Co Lighting, Lumca, ALW, and Vode. Souvay and Timotheatos also address tariff and currency pressures, LMPG's acquisition strategy, a recent agency change in the Northeast Corridor, and how the company manages its multi-brand structure to avoid channel conflict.

Fresh off a multi-deal M&A binge from 2022 to 2024 and a recent quiet stretch, F.X. Souvay isn't signaling a pause... he's signaling reload. With Platinum Equity's capital behind him now, he made clear there's "going to be a lot of action" ahead for LMPG.

Hear it straight from F.X. Souvay and Peter Timotheatos of LMPG:

What does Platinum Equity's controlling investment signal about LMPG's direction, and how should North American lighting professionals interpret the move? (0:43)
How are shifting U.S. tariff policies and U.S.-Canada currency fluctuations affecting LMPG's customers and overall business? (5:09)
When evaluating acquisition targets, is LMPG primarily seeking to fill specific product-category gaps or enter new markets, and what are the company's process for evaluating targets? (8:23)
When shifting agency representation, such as moving NYC-Philly lines to Diversified, how does LMPG reassure specifiers that service won't be disrupted? (11:56)
With eight distinct brands under one roof, how does LMPG prevent internal brand cannibalization and channel conflict at the market level? (15:15)