Crestline to invest in ICEpower.

Crestline, an institutional alternative investment management firm, agreed to invest in ICEpower, a provider of high-performance audio technology and complete turnkey solutions to the professional and home automation (B2B) audio markets. Financial terms were not disclosed. “The management decision to continue this journey together with Crestline was easy for us. Crestline and ICEpower are truly global, and we share the same global mindset. Crestline is known to be ambitious, so are we, and Crestline operates by creating the framework for setting organizations and individuals free to perform on their Business Plan,” Keld Lindegaard Andersen, ICEpower CEO.