It has been a bit of a rollercoaster ride for everyone at AudioControl over the last couple of years. The company, a leading specialty manufacturer of integrator-focused, high-quality audio electronics, has had three different owners in the last two years. Have they finally found their new home?
acquisition
On a Mythical Quest of Ascension, Lenbrook Acquires MQA
*BREAKING NEWS*
Lenbrook Corporation, a Canadian company that holds a portfolio of premium specialty brands, announced this morning it has acquired the assets of MQA, ltd., the U.K.-based company behind the Master Quality Authenticated (MQA) high-resolution audio encoding system in a transaction it hopes will breathe new life into the technology that had fallen into a form of receivership upon the loss of its major financial backer. Terms of the deal were not disclosed as part of this announcement.
See more on Lenbrook’s acquisition of of MQA, Ltd.
[Read more…] about On a Mythical Quest of Ascension, Lenbrook Acquires MQALikely New Owner of Audio Research Corp Says Company to Stay in Minn
The day after the Strata-gee story titled, Audio Research Corp is Sold; Or Is It? ran last month, I received an unexpected call from Valerio Cora, CEO of Acora Acoustics, the winning bidder and the likely new owner of Audio Research Corp (Audio Research or ARC). Cora was concerned that Strata-gee’s coverage of Audio Research’s issues had raised some questions – even going so far as to suggest that he felt my coverage was scaring people. He wanted to set the record straight on what is going on with Audio Research.
Learn more of what the Acora Acoustics CEO had to say
[Read more…] about Likely New Owner of Audio Research Corp Says Company to Stay in MinnFielder Marketing Acquires Respected Manufacturers Rep Firm Rich Jackson A/V
On Monday, two well-known and highly regarded manufacturer sales representative firms in Northern California announced they were joining forces by combining their respective operations. Fielder Marketing, based in Reno, Nevada is acquiring Rich Jackson A/V, based in Alameda, California.
Learn why this is good news for dealers
[Read more…] about Fielder Marketing Acquires Respected Manufacturers Rep Firm Rich Jackson A/VBig Changes Hit Sound United as Terminated President Duffy Exits Today
Sound United VP James Krakowski Announces Departure As Well
On April 11, 2022, Masimo Corp. appointed Kevin Duffy – then CEO of Sound United – President of the Consumer Division of Masimo Corp. as part of its $1 billion acquisition of Viper Holdings Corp., Sound United’s parent company. Duffy was offered a fairly rich package, with salary and certain other benefits and perks that could be worth millions of dollars, in some cases after a vesting period.
Then, just ninety days later, the company filed paperwork with the SEC saying that it had terminated Duffy “without cause.”
See more on Duffy’s exit from Sound United and Masimo
[Read more…] about Big Changes Hit Sound United as Terminated President Duffy Exits TodayLike a Cat with 9-Lives, McIntosh is Once Again Acquired by a Private Equity Company
Highlander Partners, L.P., a Dallas-based private equity company, announced today that it has acquired McIntosh Group, a manufacturing and distribution company that offers several high-performance, high-end audio brands such as McIntosh, Sonus Faber, and Sumiko. It also operates under Fine Sounds U.K. and Fine Sounds Benelux.
Read more on the latest change of hands for McIntosh Group
[Read more…] about Like a Cat with 9-Lives, McIntosh is Once Again Acquired by a Private Equity CompanyStewart Filmscreen Acquired by Shackleton Equity Partners
BREAKING NEWS
Multiple sources report – and I have confirmed – that stalwart screen maker Stewart Filmscreen has been acquired by Shackleton Equity Partners, a private equity company. The deal is said to have gone down just days ago and Stewart now has a new chairman, Mark Schelbert, who is also a managing director at Shackleton.
See more on the acquisition of Stewart Filmscreen
[Read more…] about Stewart Filmscreen Acquired by Shackleton Equity PartnersAAMP Global Acquires AudioControl
AAMP Global, a leading global manufacturer of a wide array of technology products for the personal and commercial vehicle markets, announced today the strategic acquisition of AudioControl – the well-known specialty manufacturer of electronics products for the automotive, residential, and commercial audio channels. The terms of the transaction were not disclosed, but AAMP says that AudioControl’s Seattle, WA-based operations and team will continue to operate as an independent facility under the AAMP Global umbrella.
I spoke with top executives of both companies to learn more about what drew the parties together and just what is meant by a “strategic” acquisition.
See more on the AAMP acquisition of AudioControl
[Read more…] about AAMP Global Acquires AudioControlCrestron Acquires 1 Beyond, Adding Intelligent Video to Improve Hybrid Meetings
Crestron Electronics announced today that it is acquiring 1 Beyond, an innovative provider of intelligent video products that enable more effective meetings – especially meetings that blend in-office and remote participants, known as hybrid meetings. The company said that the 1 Beyond team will stay at their existing base in Boston, MA. The terms of the deal were not released.
See more on what the 1 Beyond acquisition means for Crestron
[Read more…] about Crestron Acquires 1 Beyond, Adding Intelligent Video to Improve Hybrid MeetingsSound United Acquired by Medical Products Maker Masimo Corp. in $1B Deal
BREAKING NEWS
Sound United, LLC, one of the audio industry’s leading providers of high-quality branded electronics and loudspeaker products, announced late Wednesday that it is being acquired by Masimo Corporation, a global provider of medical products, in a deal valued at $1.025 billion. The two companies have entered into a definitive agreement in a transaction that is expected to close later in 2022.