McIntosh Group purchased by PE firm


Highlander Partners out of Dallas TX

Link: https://wnbf.com/binghamtons-legendary-audio-equipment-maker-mcintosh-labs-sold/

Second time in 10 years they have been bought. Will be interested to see what this means…

osodelnorte

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.  

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.

http://Highlander Partners announces acquisition McIntosh

ACQUISITION means buy/bought

I'm surprised by the reactions - McIntosh has been owned by Private Equity prior to this transaction.

Like we need more nearly indistinguishable model numbers, with new ones--barely different--coming every year.