It’s Official – Monster Money is Dead

Back in June, Strata-gee reported that Monster Products, Inc. (the former Monster Cable) had filed an S-1 registration document with the Securities and Exchange Commission, laying out its plans to launch a new cryptocurrency known as Monster Money. In addition … Continue reading

Emerald Expositions CEO Resigns, Q3 Results Released

For Owner of CEDIA Expo, There’s Trouble in Emerald City Emerald Expositions’ stock nose-dived 19% in early afternoon trading last Thursday as the company released its third quarter fiscal results and announced that David Loechner has resigned as the company’s … Continue reading

Gibson to Emerge from Bankruptcy & Stop Singing the Blues

With Old Debt Gone, A New Leader & Team Arrives Gibson Brands is on the verge of emerging from bankruptcy a much healthier business in many respects – with less debt, more money in the bank, and a new leader … Continue reading

Legrand and Lumileds Partner to Drive Adoption of Tunable White LED Lighting

Legrand and Lumileds announced today that they have signed a partnership agreement that is designed to combine forces and help drive industry adoption of tunable white LED lighting. The two will create and sell what they say is a “simple … Continue reading

Does the WAVE/AVAD Deal Signal a New Era in Distribution?

As we reported last week, the world learned that the private equity group that owns AVAD has made another deal, acquiring Houston, TX-based WAVE Electronics, another major custom integration distribution company. After an initial ripple of excitement over the deal, … Continue reading

Melrose Talks of Disposing of Nortek

Are Elan, Speakercraft, Niles, Proficient, etc. In Play Again? Melrose PLC, owner of Nortek, including Nortek Security & Control, is openly talking to U.K. media about the likelihood of selling off Nortek – saying, in essence, their work is done, … Continue reading

Equity Owner of AVAD Doubles Down, Buys WAVE & Consolidates

Kingswood Capital Management, LLC, a private equity company that describes itself as “an operationally-focused lower-middle market” PE company – and the current owner of AVAD – announced today that it has purchased Houston, TX-based custom integration distributor WAVE Electronics, Inc. … Continue reading

Gibson Begins Leadership Makeover w/New CFO

Gibson Brands’ Chapter 11 bankruptcy proceedings have continued to incessantly march forward, the gritty work of a large scale matter such as this occurring mostly in the background. However, occasionally a major factor emerges to be picked up by the … Continue reading

Onkyo Targets OEM Business to Beef Up Results

Onkyo Corporation, parent of the Onkyo, Integra, and Pioneer AV brands, is expanding its OEM business unit to help build its business and offset losses it has experienced over the last five years, according to a report by the Nikkei … Continue reading

CEDIA Expo18: Vanco in Major Audio Expansion

Vanco has always seemed to be that reliable supplier in the background providing a steady stream of solutions like cables, connectors, and other accessories – not particularly glitzy or exciting, but steady and there. Well all that is about to … Continue reading