Highlander Partners, L.P., a Dallas-based private investment firm, announced the sale of its portfolio company, McIntosh Group to Bose Corporation. Highlander only acquired McIntosh Group back in June 2022. McIntosh Group is the parent company of the iconic high-performance and luxury audio brands, McIntosh and Sonus faber. McIntosh, headquartered in Binghamton, New York, was founded […]
Sound Products has been acquirted by TSI Global, a leading full-service audiovisual design/build company specializing in the integration of advanced AV systems tailored to enhance human experiences. Established in 1990, Sound Products, Inc. has been a prominent provider of AV services and security solutions for both corporate and public sectors in the Kansas City metro […]
Adrian J Cotterill, Editor-in-Chief
On Monday AVI Systems announced that it will acquire CCS Southeast, an audiovisual systems integrator that designs, installs and supports technology solutions throughout the Southeast United States. The acquisition includes locations in Jacksonville, Miami and Orlando, FL., as well as offices in Knoxville, Tenn., and Atlanta, Ga. Jeff Stoebner, CEO of AVI Systems told us […]
Adrian J Cotterill, Editor-in-Chief
Blink Charging Co. (NASDAQ: BLNK) has announced the establishment of a Special Purpose Vehicle (SPV) aimed at enhancing EV charging infrastructure in the UK and beyond. This innovative initiative, spearheaded by Blink, will facilitate deploying significant funding to support the growth of the EV sector’s owner-operator model. Blink has engaged Axxeltrova, a private equity firm […]
Adrian J Cotterill, Editor-in-Chief
Adams Outdoor Advertising has acquired 28 billboard assets in the Charlotte market from Kegerreis Outdoor Advertising LLC, effective October 31, 2024. The terms of the transaction remain undisclosed. We are told that this strategic acquisition enhances Adams’ out-of-home advertising coverage in one of the fastest-growing markets in the United States. The new assets include a […]
Adrian J Cotterill, Editor-in-Chief
This week, the Ströer Group completed its acquisition of all the shares in Aachen-based RBL Media GmbH. RBL Media has an extensive and attractive portfolio of advertising concession contracts in the German cities of Leipzig, Essen, Dortmund, Aachen, Münster, and Erfurt. The contracts have an average remaining term of around ten years and most of […]
Adrian J Cotterill, Editor-in-Chief
Last week Waymo LLC, formerly known as the Google Self-Driving Car Project, closed an oversubscribed investment round of USD 5.6 billion, led by Alphabet. There was also continued participation from Andreessen Horowitz, Fidelity, Perry Creek, Silver Lake, Tiger Global, and T. Rowe Price. “Customers love Waymo. The company has built the safest product in the […]
Adrian J Cotterill, Editor-in-Chief
4yousee, founded back in 2006, the leading CMS provider in Brazil’s digital signage market, serving retailers, QSR operators, and gas stations has been acquired by Brazil’s largest DooH media owner, Eletromidia. 4yousee is LATAM’s largest digital signage CMS and analytics platform and has 40,000+ installed touchpoints. Eletromidia, previously 4yousee’s main customer, has now taken control […]
Adrian J Cotterill, Editor-in-Chief
Acuity Brands, Inc. (NYSE: AYI), a market-leading industrial technology company, has reached a definitive agreement to acquire QSC, LLC for a purchase price of USD 1.215 billion, or USD 1.1 billion net of approximately USD 100 million in present value of expected tax benefits. The net purchase price represents approximately 14 times QSC’s estimated EBITDA […]
Audipack, a manufacturer of custom-made mounting systems has been acquired by Global Mounts Group, the parent company of Neomounts and B-Tech AV Mounts. Dick van Baarlen, CEO of Global Mounts Group said “The acquisition aligns with Global Mounts Group’s mission to offer the most comprehensive and innovative range, expanding the company’s portfolio to include Audipack’s […]
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