Announced
Completed
Financials
Tags
Private
Private Equity
Acquisition
Single Bidder
electronics
Electrical Components
Friendly
Majority
Domestic
United States
Completed
Synopsis
Highlander Partners, a private investment firm, completed the acquisition of McIntosh Group, a manufacturer of high-end audio products intended for businesses, from LBO France, a private equity firm, and Yarpa Investimenti, an investment arm of Banca Passadore. Financial terms were not disclosed. "We have been evolving our investment strategy around consumer-focused brands and luxury goods over several years. The opportunity to acquire brands as strong as those within the McIntosh Group does not come often and we are very excited to be part of the Company's next chapter. We believe there is a unique opportunity to acquire other consumer luxury technology brands and intend to stay active in the category," Jeff L. Hull, Highlander Partners President and CEO.
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