Leon Acquires Terra Speakers, Expanding Assortment

Leon Speakers announced this week that it has acquired Terra Speakers in a transaction that is said to offer Leon a greatly expanded portfolio of high performance products targeted for the outdoor and commercial segments. The company says this acquisition … Continue reading

Florida’s C&E Mktg Acquires AV Biz of AVR in S.E.

C&E Marketing, a manufacturer sales representative firm based in Sunrise, FL announced last week that it has acquired the home AV division of Audio Video Representatives (AVR) based in Marietta, GA. C&E specializes in a wide range of custom integration … Continue reading

Classé Rises Again as Part of Sound United

Sound United announced yesterday it had completed the acquisition of shuttered high-end brand Classé Audio from former owner Bowers & Wilkins. Terms of the deal were not disclosed. The announcement confirms the deal of which Strata-gee reported last month when Sound … Continue reading

As We Suspected, The Deal is Off Between LeEco & Vizio

Less than a week after we questioned whether Chinese manufacturer LeEco would be able to actually complete its proposed $2 billion acquisition of Vizio, we received a note from a Vizio-connected official, saying that “the merger agreement to acquire Vizio … Continue reading

After 28 Years, Tribeman is Out at Atlantic Technology

BREAKING NEWS We have confirmed that Peter Tribeman, one of the founding partners and long time President of Atlantic Technology International, will leave the company at the end of this month. It is the end of a 28-year career there and, … Continue reading

D+M Group Sold From One PE Company to Another

We learned Wednesday that private equity powerhouse Bain Capital has apparently found a buyer for D+M Group, selling it off to another private equity company – Boston-based Charlesbank Capital Partners. CCP is the owner of DEI Holdings, a division of … Continue reading

Control4 & Triad CEOs Explain to Strata-gee Why Their Deal Makes Sense

Control4 Corp. announced Tuesday that it has decided to get into the speaker business – doing so by acquiring Triad Speakers, Inc. – whom it describes as “a leader in advanced audio technology with best-in-class, customizable speaker-solutions.” The lofty language … Continue reading

LeEco, the Netflix/Apple/Tesla of China, Acquires Vizio

Le Holdings Co. Ltd. (LeEco), a Chinese company with unusual multi-business aspirations, announced this week that they had acquired Vizio, a U.S. manufacturer of affordable televisions, in a deal worth $2 billion. The deal will serve as LeEco’s entry into … Continue reading

Look Out Nortek, Here Come the Lawyers

Acquirer Melrose Offers a Peek at Its Plans The ink is barely dry on their agreement to be acquired by Britain’s Melrose Industries PLC, and already Nortek Inc. finds themselves the subject of multiple investigations by several major law firms … Continue reading