Announced
Completed
Financials
Tags
Acquisition
Private
Completed
United States
Majority
Private Equity
airborne noise
noise control
Building Materials: Other
Friendly
Single Bidder
Synopsis
The Stephens Group, a private investment firm, completed the acquisition of Kinetics Noise Control, a designer and manufacturer of innovative products and solutions that control airborne noise, isolate structure-borne vibration, enhance room acoustics, create quiet spaces and restrain non-structural building systems, and in conjunction with the transaction, formed a new company, Catalyst Acoustics Group. Financial terms were not disclosed. “Kinetics is a clear leader in this industry, has a great team, outstanding products and an excellent sales rep network. We are particularly pleased that Kirk Hendricks will continue in his role as President and CEO of Kinetics and that the entire Kinetics team is onboard and will remain in their respective roles,” Clay Hunter, The Stephens Group Managing Director.
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