Divestiture • Electronics

Sound United Acquires Bowers & Wilkins

On October 9, 2020, Sound United acquired electronics company Bowers & Wilkins from EVA Automation

Acquisition Context
  • This is Sound United’s 2nd transaction in the Electronics sector.
  • This is Sound United’s 2nd transaction in the United States.
  • This is Sound United’s 1st transaction in Massachusetts.

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M&A Deal Summary

Date October 9, 2020
Target Bowers & Wilkins
Sector Electronics
Buyer(s) Sound United
Sellers(s) EVA Automation
Deal Type Divestiture
Advisor(s) Houlihan Lokey (Financial)

Target Company

Bowers & Wilkins

North Reading, Massachusetts, United States
B&W Group Ltd. is a manufacturer and distributor of premium home loudspeakers. B&W Group was founded in 1966 and is based in North Reading, Massachusetts.
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Buyer Overview 1

Buyer

Sound United

Vista, California, United States

Category Company
Sector Electronics
DESCRIPTION

Sound United is a designer and marketer of premium home-theater loudspeakers and consumer-branded vehicle security and convenience systems. Sound United's broad portfolio of high-performance home audio products, including speakers, surround sound systems, soundbars, and personal audio devices, is marketed under the Polk Audio and Definitive Technology brands. Sound United is based in Vista, California.


Deal Context for Buyer #
Overall 2 of 2
Sector: Electronics 2 of 2
Type: Divestiture 1 of 1
State: Massachusetts 1 of 1
Country: United States 2 of 2
Year: 2020 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-01 D+M Group

Mahwah, New Jersey, United States

D+M Group (Denon & Marantz) is a provider of audio/video receivers worldwide and a leader in wireless multi-room audio.

Buy -

Seller Profile 1

SELLER

EVA Automation

Redwood City, California, United States

Category Company
Founded 2014
Sector Electronics
DESCRIPTION

EVA Automation, Inc. is a reimagining audio/video company.


Deal Context for Seller #
Overall 1 of 1
Sector: Electronics 1 of 1
Type: Divestiture 1 of 1
State: Massachusetts 1 of 1
Country: United States 1 of 1
Year: 2020 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-03 Bowers & Wilkins

North Reading, Massachusetts, United States

B&W Group Ltd. is a manufacturer and distributor of premium home loudspeakers. B&W Group was founded in 1966 and is based in North Reading, Massachusetts.

Buy -