M&A Deal Summary

VOXX International Acquires Klipsch Group

On March 2, 2011, VOXX International acquired electronics company Klipsch Group for 166M USD

Acquisition Highlights
  • This is VOXX International’s 5th transaction in the Electronics sector.
  • This is VOXX International’s largest (disclosed) transaction.
  • This is VOXX International’s 3rd transaction in the United States.
  • This is VOXX International’s 2nd transaction in Indiana.

M&A Deal Summary
Date 2011-03-02
Target Klipsch Group
Sector Electronics
Buyer(s) VOXX International
Deal Type Add-on Acquisition
Deal Value 166M USD
Advisor(s) Houlihan Lokey (Financial)
Barnes & Thornburg (Legal)

Target

Klipsch Group

Indianapolis, Indiana, United States
website
Klipsch Group, Inc. is a manufacturer of premium speaker solutions for home, personal and commercial use. From massive professional cinema speakers to tiny headphones, Klipsch remains committed to delivering the most powerful, detailed and emotional sound experiences.

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Buyer(S) 1

Buyer

VOXX International

Orlando, Florida, United States

website

Category Company
Founded 1960
Sector Electronics
Employees775
Revenue 636M USD (2022)
DESCRIPTION

VOXX International is a consumer electronics company that designs, manufactures, and distributes a wide range of products including automotive entertainment systems, home audio equipment, and security solutions. VOXX International is focused on innovation, investing in research and development to create cutting-edge products that meet the needs of today's tech-savvy consumers. VOXX International was founded in 1960 and is based in Orlando, Florida.

DEAL STATS #
Overall 6 of 10
Sector (Electronics) 5 of 6
Type (Add-on Acquisition) 6 of 8
State (Indiana) 2 of 2
Country (United States) 3 of 4
Year (2011) 1 of 1
Size (of disclosed) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-02-01 Invision Automotive Systems

Orlando, Florida, United States

Invision Automotive Systems, Inc. is a manufacturer of rear seat entertainment systems to Original Equipment Manufacturers ("OEM"’s), Toyota port facilities, and car dealers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-14 Car Communication Holding

Neckartenzlingen, Germany

Car Communication Holding GmbH is a supplier of communications and infotainment solutions, primarily to the automotive industry, and counts among its global customers, Audi, BMW, DAF, Daimler, PSA, Renault, and Volkswagen Group, among others.

Buy $112M
Mergr

Product

Company

Legal