FOR IMMEDIATE RELEASE
Forty Two Inc. Acquires Specialite Corp., Doubling Operating Scale in Special Events and Entertainment Lighting
YOUNGSTOWN, OHIO — JANUARY 2013 — Forty Two Inc., a leading provider of event production and audiovisual integration services, is pleased to announce the acquisition of Specialite Corp., a renowned special events and entertainment lighting company. The transaction, finalized in January 2013, marks a significant milestone for both companies and the industry as a whole.
Specialite Corp., founded in 1970 by industry pioneer David Terpak in Youngstown, Ohio, has long been recognized for its expertise in event lighting and its work with iconic clients such as The Ramones and Heart. Under the terms of the acquisition, Terpak will join Forty Two Inc. as Vice President of Events, bringing decades of experience and leadership to the team.
“We are thrilled to welcome Specialite Corp. into the Forty Two Inc. family,” said Tony Ferrello, CEO of Forty Two Inc. “This acquisition allows us to double our operating scale in the special events and entertainment lighting segments while staying true to our mission of delivering unparalleled service to our clients. David Terpak’s legacy and expertise are invaluable assets to our future growth.”
David Terpak also shared his excitement about the partnership: “Joining Forty Two Inc. is an incredible opportunity to expand the reach and impact of the work we started at Specialite Corp. more than 40 years ago. I look forward to working with Tony and the team to continue innovating in the industry we’re so passionate about.”
The acquisition, which included Specialite Corp.’s assets and operations from private equity ownership, positions Forty Two Inc. as a dominant force in the special events market. The combined company will offer enhanced capabilities and resources to clients nationwide.
About Forty Two Inc.
Forty Two Inc. is a leading provider of event production and audiovisual integration services. The company specializes in delivering customized solutions for live events, entertainment, and system installations, emphasizing creativity, precision, and reliability. For more information, visit http://www.fortytwo4u.com.
About Specialite Corp.
Specialite Corp., established in 1970 by David Terpak in Youngstown, Ohio, is a premier provider of lighting solutions for special events and entertainment. Known for its groundbreaking work and collaboration with iconic artists such as The Ramones and Heart, Specialite Corp. has earned a reputation for excellence and innovation in the industry.