Announced
Completed
Financials
Tags
Private
United States
Private Equity
Acquisition
Majority
audio equipment
Specialty Retailers
Domestic
Completed
Friendly
Single Bidder
Synopsis
Transom Capital, an operations-focused middle market private equity firm, completed the acquisition of Bose Professional, a developer of innovative pro audio solutions, from Bose, a US-based multinational company in audio systems. Financial terms were not disclosed. “We’re proud of what Bose Professional has accomplished – its legacy in the professional AV market and the diverse list of amazing installations it has completed all over the globe. The sale to Transom will provide Bose Professional the additional attention it needs to support the professional audio customer, and to continue to develop products and technologies that stand out in the industry. It will also allow Bose to focus more deeply on our core business – creating amazing audio experiences for on-the-go, at home and in the car,” Lila Snyder, Bose CEO.
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