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Announced

Completed

Evolution Capital-backed Global Acoustic Partners completed the acquisition of a majority stake in TEAC from Gibson and KKR for $30m.

Synopsis

Evolution Capital-backed Global Acoustic Partners completed the acquisition of a majority stake in TEAC, an electronics company, from Gibson, an American manufacturer of guitars, other musical instruments, and professional audio equipment, and KKR, a private equity firm, for $30m.

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