Highlander Partners, L.P., a Dallas-based private investment firm, has 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.
Jeff L. Hull, president and CEO of Highlander Partners, comments, “McIntosh is a legendary American brand, and Sonus faber is the definition of fine art in the audio world. 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) and 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 advisors in Italy.
