5750 SW Arctic Drive,
Beaverton, Oregon 97005
Audio Precision, Inc. is a manufacturer of electronic instruments used to test and measure audio signals in high-end audio and broadcast equipment. The company has a highly international customer base comprised of almost every major manufacturer of high-quality consumer and professional audio equipment, including Dolby Labs, Sony, Panasonic, Motorola, Texas Instruments, and Harman. The Company is rich with patents, proprietary software, and engineering talent, blending a high-tech profile with long-lifecycle products, and thus providing very stable revenue and profitability. Hanover Partners teamed with an institutional investor to purchase Audio Precision from its founders and has established a broad-based stock option plan to partner with the Company's management and key employees. Company founded in 1984 and Based in Portland, Oregon.
Audio Precision was acquired by Battery Ventures on November 05, 2018.
Join Mergr to view all 61 acquisitions of test/measurement equipment companies in 2018, including 7 acquisitions by private equity firms, and 54 by strategics.
Out of 60 sectors in the Mergr database, test/measurement equipment ranked 32 in number of deals in 2018. The largest test/measurement equipment acquisition in 2018 was Textron - Tools and Test Equipment - which was acquired by Emerson Electric for $810M.
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