Summit Partners LLP

We learn this month that Tivoli Audio LLC’s epic saga continues, as the previous private equity company owner Summit Associates hires another private equity company Levy Capital Partners to sell it to a third private equity company Serruya Private Equity. (Notice a theme here?) Serruya says it has acquired Tivoli Audio to “serve as its flagship consumer electronics brand.” Or, in other words, as its only consumer electronics brand in a sea of yogurt flavored packaged goods brands.

See more on this new twisty turn in Tivoli’s journey… [Read more…] about The Trail Goes Cold & Sticky at Tivoli Audio; Company Sold to Kings of Yogurt