M&A Deal Summary

Stingray Acquires The Singing Machine - Global Home Karaoke Business

On August 4, 2025, Stingray acquired electrical equipment company The Singing Machine - Global Home Karaoke Business from Algorhythm Holdings

Acquisition Highlights
  • This is Stingray’s 1st transaction in the Electrical Equipment sector.
  • This is Stingray’s 8th transaction in the United States.
  • This is Stingray’s 3rd transaction in Florida.

M&A Deal Summary

Date 2025-08-04
Target The Singing Machine - Global Home Karaoke Business
Sector Electrical Equipment
Buyer(s) Stingray
Sellers(s) Algorhythm Holdings
Deal Type Divestiture

Target

The Singing Machine - Global Home Karaoke Business

Fort Lauderdale, Florida, United States
Singing Machine's Global Home Karaoke Business, including all associated intellectual property, customer, supplier contracts and inventory. A key focus will be the growth of innovative microphone solutions for the in-car entertainment market. Singing Machine's Global Home Karaoke Business is based in Fort Lauderdale, Florida.

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Buyer(S) 1

Buyer

Stingray

Montreal, Quebec, Canada

Category Company
Founded 2007
Sector Digital Media
Employees938
Revenue 387M CAD (2025)
DESCRIPTION

Stingray is a music and video content provider on a number of platforms including Digital TV, IPTV, the Internet, mobile devices and game consoles. Stingray was incorporated in 2007 and is based in Montreal, Quebec.


DEAL STATS #
Overall 28 of 30
Sector: Electrical Equipment M&A 1 of 1
Type: Divestiture M&A Deals 6 of 7
State: Florida M&A 3 of 3
Country: United States M&A 8 of 9
Year: 2025 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-23 Loupe Art

Atlanta, Georgia, United States

Loupe Art is a patented streaming art platform that transforms connected TVs and digital signage into customized art galleries. Loupe expertly curates original artworks from a wide range of diverse global artists to deliver unique, immersive art experiences. Loupe for Business offers Public Art solutions ranging from remotely programmable art streams that reflect mood, daypart, season, style, color and brand attributes to bespoke curation services for Real Estate, Workplace, Hospitality and Healthcare customers. Loupe Art is based in Atlanta, Georgia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-11-11 TuneIn

San Francisco, California, United States

TuneIn operates a digital audio streaming platform that offers access to live radio, news, sports, music, podcasts, and audiobooks from global broadcasters and content creators. TuneIn distributes its services via web and mobile applications, connected devices, and smart speakers. TuneIn was founded in 2002 and is headquartered in San Francisco, California.

Buy $175M

Seller(S) 1

SELLER

Algorhythm Holdings

Fort Lauderdale, Florida, United States

Category Company
Founded 1982
Sector Consumer Products
Employees25
Revenue 23M USD (2024)
DESCRIPTION

Algorhythm Holdings provides consumer karaoke products for home entertainment worldwide through major mass merchandisers and online retailers. The company offers a wide line of at-home karaoke entertainment products, which allow consumers to find a machine that suits their needs and skill level. Its products incorporate the latest technology for singing practice, music listening, entertainment, and social sharing. Algorhythm Holdings was founded in 1982 and is based in Fort Lauderdale, Florida.


DEAL STATS #
Overall 1 of 1
Sector: Electrical Equipment M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1