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PostPosted: Fri Jan 12, 2018 6:17 pm 
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Location: OTTAWA, ON, CA
Classé Audio has been acquired by Sound United LLC... Hopefully, Canadian employees will have their jobs back.

"8 Jan 2018- Classé Audio has been acquired by Sound United LLC, parent company to Denon, Marantz, Polk Audio, Definitive Technology, Polk BOOM, HEOS, and Boston Acoustics. Classé Audio will join the Sound United family of brands, representing some of the most renowned names in the industry. Through this acquisition, Sound United will continue to drive its global growth and recognition, spearheading innovation in the category and increasing its footprint in the consumer audio space.
Classé Audio’s suite of high fidelity amplifiers, pre-amplifier processors and integrated amplifiers are designed for movie and music enthusiasts who appreciate sound quality, beauty and elegance above all. Classé Audio was previously owned and distributed by Bowers & Wilkins.
“Acquiring Classé Audio demonstrates Sound United’s continued focus on catering to our customers, who crave performance and innovation,” said Kevin Duffy, CEO of Sound United. “This acquisition opens opportunities to capitalize on new markets and niches within the high-end audio community, continuing Sound United’s evolution as a premium player. We look forward to partnering with the talented management team of Classé Audio to grow the combined business and bring our expanded capabilities to our employees and customers.”
Classé Audio’s President, Dave Nauber, will continue to lead the Classé Audio brand at Sound United. He stated, “We’re overwhelmingly pleased Classé Audio is joining Sound United’s respected family of brands. With a strong resurgence of the audiophile community, and Sound United’s existing synergy with the recently purchased D+M Group, we’re confident our overall market positioning as a premium option will only strengthen. Ultimately, this is an excellent opportunity for Classé employees, customers and strategic partners to bring our energy and ideas to the forefront.”
Sound United is a division of DEI Holdings with an award-winning portfolio of audio brands that deliver industry-leading home theater and personal audio listening experiences for a wide-range of consumers. Each brand provides an expansive array of audio products that includes high-end and custom installation audio, to mid-tier markets that cover loudspeakers, sound bars, AV receivers, wireless multi-room music systems, Bluetooth speakers, amplifiers, turntables and headphones.
Dedicated to artfully reproducing audio for listeners and enthusiasts around the world, Sound United comprises brands that each offer a unique approach to bringing home theater and music to life. Whether it’s through the legendary heritage of Denon, the classic sound of Polk Audio, the premium performance of Definitive Technology, the highly sought-after amplification of Marantz, the action-inspired form factors of Polk BOOM, the wireless home audio solutions of HEOS or the accessible performance of Boston Acoustics, Sound United is your sound — so listen.
Sound United is a portfolio company of Boston-based private equity firm Charlesbank Capital Partners, LLC. Charlesbank acquired DEI Holdings in 2011.
To learn more about Sound United and its brands,"

visit http://www.soundunited.com.

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PostPosted: Fri Jan 12, 2018 6:27 pm 
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Joined: Sun Feb 06, 2005 1:54 pm
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Location: Calgary, AB, CA
This is good news indeed, it was posted a few days ago: viewtopic.php?f=9&t=48846


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