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New Deal


Announced

Noritsu Koki agreed to acquire JLab for $370m.

Financials

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Transaction Value£269m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales2x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

Consumer Electronics

Majority

audio equipment

Private

United States

Cross Border

Single Bidder

audio

Production Technology Equipment

Pending

Synopsis

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Noritsu Koki, a photo processing machine manufacturer, agreed to acquire JLab, a personal audio company, for $370m. "We're incredibly excited to have found a partner such as Noritsu Koki. They have a proven track record of being one of the best equity partners for growing brands. If you look at their previous investments, it's easy to see how their approach has helped brands continue to see success by providing the extra capital needed for expansion while at the same time allowing the brands to focus on the core competencies that brought them success in the first place," Win Cramer, JLab CEO

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