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Strategy

EXCLUSIVE: Dana Innovations Launches Major Rebranding Effort; Sonance Reasserted

September 3, 2019 by Ted 3 Comments

BREAKING NEWS

Dana Innovations at CEDIA 2017

San Clemente, CA-based Dana Innovations announced today that it is launching a major rebranding effort, the results of which will better reflect their business initiatives, clarify the meaning and positioning of their various brands, and assert new brand “pillars” to better convey who they are and what they represent. It will also reassert the prominence of the Sonance brand.

Strata-gee exclusive

The company will no longer be known as Dana Innovations thanks to a “back to the future” decision to elevate Sonance – the brand under which they were founded. Company management has granted Strata-gee exclusive access to this story, including to behind-the-scenes information revealing the depth and detail of the thinking, discussions, and even arguments of the last year and a half or so that were behind this major – and some would say somewhat risky – decision.

What the heck is Dana Innovations, er, Sonance doing?…

[Read more…] about EXCLUSIVE: Dana Innovations Launches Major Rebranding Effort; Sonance Reasserted

Filed Under: Brands, Management, Manufacturers, Marketing, News, Strategy Tagged With: branding, design, iPort, iPort by Sonance, logo, Sonance

Bravas Group Sold to Private Equity Firm in $75 Million Deal

August 23, 2019 by Ted Leave a Comment

Group Says Deal is Just the Beginning

Bravas Group logo

Bravas Group, a cooperative of integrators aggregated by Paul Starkey and Steve Firszt of VITAL MGMT, was first put together as part of VITAL MGMT’s consulting practice helping member companies better organize their operations, improve their financial performance, and drive greater profitability. Ultimately, the group’s fifteen members coalesced into one widely-spread unified organization, with over-arching centralized management and plans for the group to be packaged and sold.

Now, in a deal said to be valued at $75 million, Bravas Group has been sold to Presidio Investors, a private equity investment company with offices in San Francisco, CA and Austin, TX.

See more on the Bravas – Presidio deal…

[Read more…] about Bravas Group Sold to Private Equity Firm in $75 Million Deal

Filed Under: Financial, Industry Trends, Integrators, News, Retailers, Strategy Tagged With: Bravas, Paul Starkey, Presidio Investors, Steve Firszt

New, Larger SnapAV: The One-Stop Shop of Smart Home

August 16, 2019 by Ted Leave a Comment

Strata-gee Interviews SnapAV’s John Heyman & Charlie Kindel

The industry is still adjusting to the new normal of SnapAV combining with Control4…even as it continues to gobble up more local distributors and talk about their e-commerce prowess. It can get a little confusing. Is SnapAV a manufacturer? An e-commerce play? A local distributor? Or are they attempting to be all of the above?

I spoke with SnapAV’s John Heyman and Charlie Kindel to try and help our readers sort this all out. It’s certainly a new world out there…but just what planet are we on?

See what I learned from these top SnapAV execs…

[Read more…] about New, Larger SnapAV: The One-Stop Shop of Smart Home

Filed Under: Brands, Management, Manufacturers, People, Strategy Tagged With: Charlie Kindel, Control4, John Heyman, SnapAV

SnapAV Continues to Grow Their Physical Footprint, Buys Custom Plus

July 18, 2019 by Ted 1 Comment

SnapAV logo

SnapAV announced this afternoon that they have acquired Custom Plus Distributing, a regional distributor that started in the Pacific Northwest and expanded into California. This is the fourth acquisition by the company who seeks to grow their physical distribution footprint to better serve their customers in local markets.

See more on this new acquisition by SnapAV…

[Read more…] about SnapAV Continues to Grow Their Physical Footprint, Buys Custom Plus

Filed Under: Brands, Distributors, Integrators, News, Strategy Tagged With: acquisition, AVAD, Custom Plus Distributing, SnapAV, WAVE Electronics

SnapAV Slammed with Credit Downgrade by Moody’s

July 18, 2019 by Ted Leave a Comment

SnapAV logo

Credit rating agency Moody’s Investors Service has downgraded the credit rating of Wirepath LLC (corporate name of SnapAV) from B2 to B3 in the wake of their announced acquisition of Control4. The primary reason for the downgrade is due to the fact that SnapAV will be forced to increase their debt by an additional $390 million to a new high of $683 million in order to close on this acquisition.

See more on SnapAV’s credit downgrade…

[Read more…] about SnapAV Slammed with Credit Downgrade by Moody’s

Filed Under: Brands, Distributors, Financial, Integrators, Manufacturers, News, Retailers, Strategy Tagged With: acquisition, Control4, credit, credit rating, debt, SnapAV

Lenbrook Responds to Sonos Lawsuit, It Will ‘Defend Vigorously the Claims’

June 26, 2019 by Ted 4 Comments

Lenbrook Group logo

Strata-gee reported yesterday that late last week Sonos had filed a patent infringement lawsuit against Lenbrook Industries Limited and Lenbrook America. This suit, which is almost identical to the one Sonos had successfully pursued with D&M Holdings and Denon over its HEOS line, was resolved in Sonos’s favor a little over a year ago.

Now we have Lenbrook’s response to this development – the company says it will “defend vigorously the claims of patent infringement made by computer audio company Sonos…”

See what else Lenbrook had to say about the Sonos suit…

[Read more…] about Lenbrook Responds to Sonos Lawsuit, It Will ‘Defend Vigorously the Claims’

Filed Under: Brands, Law, Management, Manufacturers, News, Products, Strategy, Tech Trends Tagged With: Bluesound, Lenbrook, Lenbrook America, Lenbrook Industries Limited, licensing, patents

Music System Sales Sagging, Sonos Un-Leashes Lawyers to Raise Revenues

June 26, 2019 by Ted Leave a Comment

BREAKING NEWS

Sonos system photo

Strata-gee reported just yesterday that Sonos, Inc. has sued Lenbrook Industries Ltd. & Lenbrook America – the maker & marketer of Bluesound – for patent infringement. Undoubtedly emboldened by their near-complete victory over Denon’s HEOS brand a little over a year ago, Sonos appears to have targeted Lenbrook to be next in line.

However, Strata-gee has learned that Lenbrook is not the only company targeted for such potential actions by Sonos. There are more – perhaps many more – in our industry lined up for this “hit” parade.

See what Strata-gee learned about Sono’s legal strategy…

[Read more…] about Music System Sales Sagging, Sonos Un-Leashes Lawyers to Raise Revenues

Filed Under: Brands, Law, Management, Manufacturers, News, Products, Specialty, Strategy, Tech Trends Tagged With: Bluesound, Lenbrook, Lenbrook America, Lenbrook Industries Limited, licensing, royalty, Sonos, The Lenbrook Group, wireless, wireless music systems, wireless speakers

Denon Defeated, Sonos Sics Lawyers on Lenbrook

June 25, 2019 by Ted Leave a Comment

Sonos logo

On Thursday last week, Sonos, Inc. (NASDAQ: SONO) filed another patent infringement lawsuit, this time against Lenbrook Industries Limited and Lenbrook America Corp. At issue here is Lenbrook’s Bluesound brand launched back in 2013 to great fanfare as Strata-gee reported on at the time…and also discussed here…and which Sonos claims infringes on multiple Sonos patents.

See more on the Sonos suit vs Lenbrook…

[Read more…] about Denon Defeated, Sonos Sics Lawyers on Lenbrook

Filed Under: Brands, Law, Manufacturers, News, Strategy Tagged With: Bluesound, Lenbrook, litigation, patent, Sonos

Lenbrook Previews NAD M10 Hi-Res Streamer to NY Press

June 20, 2019 by Ted Leave a Comment

Lenbrook's Greg Stidsen presenting the NAD M10 BluOS Streaming Amplifier

On Tuesday, Lenbrook invited members of the media to an “intimate album listening party” in Manhattan’s trendy Soho district. Despite the fact that the weather was less than cooperative – with warm, extremely humid temps, and at times torrential rainfall – there was an bar and hors d’oeuvres, which is always a strong draw. Maybe a strong enough draw to entice an editor from New Jersey into Manhattan in the traffic and the rain!

But this listening party turned out to be a bit of a preview opportunity for an interesting and relatively new product – a streaming amplifier. And not just any streaming amplifier, mind you – but a streaming amplifier being launched in the NAD Master series. That got my attention…

See NAD’s interesting new M10 Masters Streaming Amplifier…

[Read more…] about Lenbrook Previews NAD M10 Hi-Res Streamer to NY Press

Filed Under: Manufacturers, Marketing, Products, Strategy Tagged With: Greg Stidsen, Lenbrook, PSB, streaming, streaming audio

The Real Story of Why Control4 Wanted to be Acquired

June 14, 2019 by Ted 3 Comments

Photo of Martin Plaehn, Control4 CEO

In the wake of the recent announcement about the acquisition of Control4 by SnapAV, all executives associated with this deal have not been available to the media…their lips are sealed. But Control4 is a public company – at least until this deal closes and they go private – and a recent filing gives a dramatic, detailed view of how hard the parties worked to make this deal happen, and why Control4 really, really wanted to be acquired.

See new details on how the SnapAV/Control4 deal came to be…

[Read more…] about The Real Story of Why Control4 Wanted to be Acquired

Filed Under: Brands, Financial, Strategy Tagged With: acquisition, Control4, John Heyman, Martin Plaehn, SnapAV

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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