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AVRevForum.com 02-04-2008 10:53 AM

Audio Research Sold To an Italian Private Equity Firm
 
Minnesota-based audiophile electronics manufacturer, Audio Research, accounted yesterday that they have been sold to Quadrivo SGR the private equity firm that owns loudspeaker manufacturer Sonus Faber. Financial details were not reported for the deal but reportedly the asking price was between $1,000,000 and $2,000,000 for the company.

Founder, William Z. Johnson, will step down after 38 years of running the company but will still be involved in some design decisions. The remainder of the management team will remain in tact going forward.

It seemed evident that Audio Research will remain true to its audiophile heritage. The question of whether the new ownership would invest in bringing Audio Research into the world of multi-channel home theater was not answered in the release.

by: Jerry Del Colliano

tahanifabian01 11-07-2008 04:11 PM

Re: Audio Research Sold To an Italian Private Equity Firm
 
why did Audio Research sell their company....

What is the caution of Audio Research company.....

wes 11-07-2008 08:22 PM

Re: Audio Research Sold To an Italian Private Equity Firm
 
Quote:

Originally Posted by tahanifabian01 (Post 18562)
why did Audio Research sell their company....

What is the caution of Audio Research company.....

Simple the owner wanted to cash out :)

deacongreg 11-08-2008 06:47 PM

Re: Audio Research Sold To an Italian Private Equity Firm
 
Whew,


What is next!! Hopefully, as you stated Jerry, the new owners will still allow William and his team to continue to make all design decisions with their product line. And not destroy this brand.

wes 11-08-2008 08:21 PM

Re: Audio Research Sold To an Italian Private Equity Firm
 
Quote:

Originally Posted by deacongreg (Post 18568)
Whew, What is next!! Hopefully, as you stated Jerry, the new owners will still allow William and his team to continue to make all design decisions with their product line. And not destroy this brand.

Hey if the price is right anything goes :)

deacongreg 11-09-2008 06:34 PM

Re: Audio Research Sold To an Italian Private Equity Firm
 
I wouldn`t say that.


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