M&A Deal Summary

Guitar Center Acquires Tunnel Vision Technology

On January 16, 2019, Guitar Center acquired electrical equipment company Tunnel Vision Technology

Acquisition Highlights
  • This is Guitar Center’s 1st transaction in the Electrical Equipment sector.
  • This is Guitar Center’s 1st transaction in the United States.
  • This is Guitar Center’s 1st transaction in Illinois.

M&A Deal Summary

Date 2019-01-16
Target Tunnel Vision Technology
Sector Electrical Equipment
Buyer(s) Guitar Center
Deal Type Add-on Acquisition

Target

Tunnel Vision Technology

Chicago, Illinois, United States
Tunnel Vision Technology, Inc. is a custom audio & video system integration firm serving the residential and commercial market sectors. TVTI offers personal and comprehensive in-house project management, audio/video design, installation, programming, IT, and 24-hour service to ensure clients the highest level of service.

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Buyer(S) 1

Buyer

Guitar Center

Westlake Village, California, United States

Category Company
Founded 1959
Sector Retail
Employees7,350
DESCRIPTION

Guitar Center is a retailer of guitars, amplifiers, percussion instruments, keyboards and pro-audio and recording equipment. Guitar Center was formed in 1959 and is headquartered in Westlake Village, California.


DEAL STATS #
Overall 1 of 1
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1