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Polk

First-Ever ‘Inside Sound United’ Virtual Event is Next Week; Register Today

November 2, 2021 by Ted Leave a Comment

Inside Sound United graphic

Major industry player Sound United is on the cusp of launching its first-ever virtual event called, appropriately enough, “Inside Sound United” (ISU). Coming November 9-12, 2021 to a computer near you, this highly immersive 4-day virtual event will be chock full of useful content and allow integrators to experience a side of the company not usually seen.

See more on ‘Inside Sound United’ virtual 4-day event

[Read more…] about First-Ever ‘Inside Sound United’ Virtual Event is Next Week; Register Today

Filed Under: Brands, Dealers, Integrators, Manufacturers, News, Shows & Events, Training Tagged With: Bowers & Wilkins, Definitive Technology, Denon, HEOS, Marantz, Polk, Sound United

Former Nike Exec to Take a Run at Denon

March 18, 2021 by Ted 3 Comments

Sound United logo

Sound United, parent company to a wide range of audio lines, announced this week that it has hired Trip Randall, a former executive with sneaker & sports gear maker Nike, to be the new President of Denon. The company says this move is part of their plan to “revitalize marketing” at Denon. They also say they are looking to “boost direct-to-consumer sales” as well as several other initiatives.

See more on the new Denon president…

[Read more…] about Former Nike Exec to Take a Run at Denon

Filed Under: Brands, Integrators, Management, Manufacturers, News, People, Strategy Tagged With: Bart Muller, Boston Acoustics, Bowers & Wilkins, Bowers and Wilkins, Definitive Technology, Denon, HEOS, Marantz, Polk, Sound United, Trip Randall

Onkyo to Slash Overall Company Headcount by 30%, Cutting Management by 50%

November 14, 2019 by Ted 4 Comments

Also: Consolidating Facilities & Moving Headquarters

Onkyo logo

It appears that the other shoe is dropping in the wake of the failed acquisition of Onkyo Corporation’s branded A/V division by Sound United last month, as the company now says it will reduce its overhead by cutting jobs. This appears to be the first step in a major reorganization of the company, as it seeks to right-size the organization for the industry’s new, smaller, and more competitive environment in which electronics manufacturers find themselves.

See more on Onkyo’s restructuring…

[Read more…] about Onkyo to Slash Overall Company Headcount by 30%, Cutting Management by 50%

Filed Under: Financial, Management, Manufacturers, News, Pivot Point, Strategy Tagged With: acquisition, Boston Acoustics, Classe, Definitive Technology, HEOS, Integra, Marantz, Onkyo, Pioneer Elite, Polk, Sound United

D+M Group Sold From One PE Company to Another

March 1, 2017 by Ted 10 Comments

Sound United logosWe 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 which is Sound United LLC, parent company of Polk Audio, Definitive Technology, and Polk BOOM. It is Sound United that will now also take over D+M Group and its brands Denon, Marantz, HEOS by Denon and Boston Acoustics.

See more on what we know about this deal for D+M… [Read more…] about D+M Group Sold From One PE Company to Another

Filed Under: Brands, Financial, News, Pivot Point, Strategy Tagged With: acquisition, Bain Capital, Boston Acoustics, Charlesbank Capital Partners, D&M Holdiings, D+M Group, Definitive Technology, Denon, HEOS by Denon, Jim Caudill, Kevin Duffy, Marantz, Polk, Ryan Caroll

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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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