Sound United acquires Classé Audio
Sound United has announced the acquisition of Canada-based hi-fi specialist Classé Audio from Bowers and Wilkins.
Parent company to the likes of Denon, Marantz and Polk Audio, Sound United has just recruited Montreal-based Classé Audio to its ever-growing home cinema and audio portfolio.
Sound United, portfolio company of Boston-based private equity firm Charlesbank Capital Partners, purchases Classé Audio from Bowers & Wilkins, who both owned and distributed its products, for an undisclosed fee.
CEO of Sound United, Kevin Duffy, commented: "Acquiring Classé Audio demonstrates Sound United's continued focus on catering to our customers, who crave performance and innovation. This acquisition [continues] Sound United's evolution as a premium player.”
"Ultimately, this is an excellent opportunity for Classé employees, customers and strategic partners to bring our energy and ideas to the forefront," added Classé Audio president, Dave Nauber.