McIntosh Group purchased by PE firm

I don’t know… can understand where you are coming from but I think the big business lesson from the pandemic and war in Ukraine is that it makes sense to keep your suppliers closer to home, and possibly in friendlier countries. 
 

I’m not saying they’ll go back to 100% made in the USA of highest quality parts. But, wouldn’t be too quick to see them invest further in overseas production.

Just my $0.02, what do I know.

I saw the notice earlier, I hope the company fairs well. Lot's of polarizing opinions on here about their equipment. Regardless, it's an American company and I wish them well. 

Happy Father's Day to all the dads!

Tim

"I’m not saying they’ll go back to 100% made in the USA of highest quality parts."

It's delusional to think any American  audio company is making 100% American made/sourced product and thriving. That model was extinct decades ago.

If anything, it will see Macintosh increasing the amount the amount of offshore practices in the manufacturing process. 

The new company is beholden to investors expecting nothing short of returns. When that fails we will see Mac passed to a Chinese investment firm paying BIG $$ for the name.

I hope I'm WRONG.

Another link announcing the sale of McIntosh:

Highlander Partners announces acquisition McIntosh

"Jeff Poggi and Charles Randall, co-CEOs of the McIntosh Group commented, "We are thrilled to continue to pursue our growth trajectory alongside the Highlander team.  Across all brands and product categories we continue to see remarkable results and an excess of opportunity; we believe Highlander's financial approach and operational expertise can help seize these prospects".

I don’t understand the negativity, McIntosh needs capital to expand.  Quickest way to do that is to go to PE firm.  If McIntosh can support its growth organically, it would have…but clearly it could not.  So PE funding is a good alternative.