Ολοκληρώθηκε η εξαγορά των Denon, Marantz, και Boston Acoustics από την Sound United LLC, εταιρεία που έχει στην κατοχή της τις Polk Audio, και Definitive Technology.
Kevin Duffy, CEO of Sound United, will serve as CEO of the new company. Mr Duffy said: βSound United and the D+M Group employees share a culture of innovation and customer focus. We plan to leverage those core values in the combined company in order to offer consumers and our channel partners a breadth of complementary products while expanding our investments in technology development and marketing.β He added: βWe welcome the addition of the D+M team and are excited to work together to ensure that this strategic combination capitalizes on its global leadership position while also ensuring that each of our individual brands continues to be highly differentiated in the marketplace. Our existing customers and channel partners will benefit from the enhanced breadth and depth of the combined product portfolio, while our strategic suppliers should be well-positioned to expand with us as we grow.β
D+M Group CEO Jim Caudill, who will continue as an advisor to the consolidated company, added, βThis transaction is a testament to D+M Group’s employees and exceptional brands and all that we’ve accomplished in the audio industry. By joining Sound United, we expect to deliver tremendous value to our customers through access to Sound United’s aspirational speaker brands including Polk Audio and Definitive Technology. We believe that this transaction will drive compelling opportunities for our employees, customers, and suppliers, and are looking forward to ensuring the success of the new organisation."
Sound United is a division of DEI Holdings, a portfolio company of Boston-based private equity firm Charlesbank Capital Partners, LLC. Charlesbank acquired DEI Holdings in 2011. βWe are delighted to support the expansion of Sound United and to help bring together two leading companies in their respective categories,β said Ryan Carroll, a Charlesbank Managing Director. βWe look forward to a successful integration building on the cultural similarities, talent, and best practices of these two companies and to a stronger future as one entity.β
Πηγή : https://www.forbes.com/sites/marksp...d-boston-acoustics-audio-brands/#1db6cb183b63
Kevin Duffy, CEO of Sound United, will serve as CEO of the new company. Mr Duffy said: βSound United and the D+M Group employees share a culture of innovation and customer focus. We plan to leverage those core values in the combined company in order to offer consumers and our channel partners a breadth of complementary products while expanding our investments in technology development and marketing.β He added: βWe welcome the addition of the D+M team and are excited to work together to ensure that this strategic combination capitalizes on its global leadership position while also ensuring that each of our individual brands continues to be highly differentiated in the marketplace. Our existing customers and channel partners will benefit from the enhanced breadth and depth of the combined product portfolio, while our strategic suppliers should be well-positioned to expand with us as we grow.β
D+M Group CEO Jim Caudill, who will continue as an advisor to the consolidated company, added, βThis transaction is a testament to D+M Group’s employees and exceptional brands and all that we’ve accomplished in the audio industry. By joining Sound United, we expect to deliver tremendous value to our customers through access to Sound United’s aspirational speaker brands including Polk Audio and Definitive Technology. We believe that this transaction will drive compelling opportunities for our employees, customers, and suppliers, and are looking forward to ensuring the success of the new organisation."
Sound United is a division of DEI Holdings, a portfolio company of Boston-based private equity firm Charlesbank Capital Partners, LLC. Charlesbank acquired DEI Holdings in 2011. βWe are delighted to support the expansion of Sound United and to help bring together two leading companies in their respective categories,β said Ryan Carroll, a Charlesbank Managing Director. βWe look forward to a successful integration building on the cultural similarities, talent, and best practices of these two companies and to a stronger future as one entity.β
Πηγή : https://www.forbes.com/sites/marksp...d-boston-acoustics-audio-brands/#1db6cb183b63