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

Having Dumped Everything Else, Pioneer Makes Plans to Dominate Car Electronics

About the AV biz? Hoping Onkyo Keeps the Pioneer Name… In a revealing interview with the Nikkei in Tokyo, Pioneer Corp. President Susumu Kotani said that Pioneer – after spending several months selling off all of its divisions other than … Continue reading

Pioneer Fire Sale Continues – Dumps DJ Biz to KKR

Pioneer surprised everyone back in June of this year when word came that it had decided to sell its AV business to Onkyo Corp. and a private equity company. But actually, the gears for this and other deals were set … Continue reading

Private Equity Kingpin KKR Invests into Savant; Sets $215 Million Valuation

The Wall Street Journal (WSJ) reported Tuesday that private equity powerhouse Kohlberg Kravis Roberts & Co. L.P. (KKR) has invested $90 million for a 35% stake in Savant Systems, LLC (Savant). While this is a minority stake, KKR is obviously … Continue reading