Bose Corporation Acquires McIntosh Group
Highlander Partners recently announced the sale of its portfolio company, McIntosh Group to Bose Corporation. Highlander acquired the Company in June 2022. McIntosh Group is the parent company of the high-performance and luxury audio brands McIntosh and Sonus faber. McIntosh, headquartered in Binghamton, New York, was founded in 1949, while Sonus faber, founded in 1983, is headquartered in Vicenza, Italy. The transaction was consummated on November 15, 2024.
“Bose’s dedication to research and singular focus on audio provides a tremendous opportunity to complement and enable our own pursuit of delivering inimitable, ultimate-quality audio experiences,” said Daniel Pidgeon, CEO of McIntosh Group. “Gaining access to their expertise as a pioneer in automotive audio will also help us accelerate our presence and enable us to deliver solutions that are commensurate with our reputation and performance standards.”
Bose will continue to develop products and experiences in popular categories like headphones, speakers, soundbars, and car audio while advancing critical technologies such as noise cancellation, hearing augmentation, and immersive audio. McIntosh and Sonus faber will maintain its focus on amplifiers, loudspeakers, turntables, and other high-end products. Together the brands will imagine what’s possible in the future of audio — delivering new products, bespoke offerings, and unparalleled listening experiences for music lovers around the globe.
“McIntosh is a legendary American brand, and Sonus faber is the definition of fine art in the audio world,” said Jeff L. Hull, president and CEO of Highlander Partners. “We are honored to have been stewards of these businesses. We are proud of what we accomplished and believe McIntosh and Sonus faber have tremendous growth potential. We are excited to watch these brands reach new heights under Bose’s ownership.”
“I would like to thank Dan Pidgeon (CEO, McIntosh Group), Charlie Randall (President, McIntosh), and the entire team for being incredible partners over our ownership period. Their leadership has allowed the company to continue to flourish and I wish all of them the best in their next phase of success.”
Katten acted as Highlander’s legal counsel in connection with the transaction and Adacta served as legal and tax advisor in Italy.
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