EMK completed the acquisition of Cardo from Fortissimo.

EMK, a private equity firm, completed the acquisition of Cardo, design, development, manufacturing and sale of state-of-the-art wireless communication and entertainment systems provider for groups and individuals in motion, from Fortissimo. Financial terms were not disclosed. “Leading Cardo’s evolution from an idea to a leading global brand was a unique experience. Its success could only have come about thanks to the ever-inspiring dialogue with millions of customers worldwide and due to the creativity, dedication and professionalism of the immensely talented people who work at Cardo and who have contributed to the company’s growth throughout the years. Once these core company assets met and merged with the entrepreneurial whirlwind of Fortissimo Capital, there was no stopping, and this is further demonstrated by Cardo now becoming a proud member of the EMK Capital family of companies,” Abraham Glezerman, Cardo Systems Founder and Chairman.