VOXX International - M&A Summary and Business Overview

ElectronicsCompany

VOXX International M&A Summary

VOXX International has acquired 10 companies, including 2 in the last 5 years. It has also divested 1 asset.

VOXX International’s largest acquisition to date was in 2011, when it acquired Klipsch Group for $166M. It’s largest disclosed sale occurred in 2019, when it sold VOXX German Holdings to HF Company for $19M. VOXX International has acquired in 3 different US states, and 4 countries. The Company’s most targeted sectors include electronics (60%) and electrical equipment (20%).

VOXX International Business Overview

Where is VOXX International headquartered?

VOXX International is headquartered in Orlando, Florida.

What is VOXX International’s revenue?

VOXX International disclosed revenue of 636M USD for 2022 and 564M USD for 2021.

How many employees does VOXX International have?

VOXX International has 775 employees.

What sector is VOXX International in?

VOXX International is an electronics company.

When was VOXX International founded?

VOXX International was founded in 1960.

M&A Summary

  • M&A Total Activity11
    • M&A Buy Activity10
    • M&A Sell Activity1
  • Total Sectors Invested 4
  • Total Countries Invested 4
  • M&A Buy/Sell Connections 3
  • M&A Advisors 3

VOXX International

VOXX International Corp.

2351 J. Lawson Boulevard,
Orlando, Florida 32824
United States,
(631) 231-7750
www.voxxintl.com

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.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 8 1 1 - - - 10
vol $447M $17M $463M
Sell (0.0/yr) # 1 - - - - - 1
vol $19M $19M
  11

Most Recent M&A

Company Date Value Type
Onkyo - Audio/Video Business 2021-06-03 - Divestiture
Osaka, Japan
Vehicle Safety Manufacturing LLC 2020-02-03 17M USD Divestiture
Newark, New Jersey · www.vehiclesafetymfg.com
VOXX German Holdings GmbH 2019-06-12 19M USD Divestiture
Pulheim, Germany
Hirschmann Car Communication GmbH 2012-03-26 112M USD Add-on Acquisition
Neckartenzlingen, Germany · www.hirschmann-car.com
Car Communication Holding GmbH 2012-03-14 112M USD Add-on Acquisition
Neckartenzlingen, Germany
Klipsch Group, Inc. 2011-03-02 166M USD Add-on Acquisition
Indianapolis, Indiana · www.klipsch.com
Invision Automotive Systems, Inc. 2010-02-01 - Add-on Acquisition
Orlando, Florida · www.invisionautomotive.com
Schwaiger GmbH 2009-10-07 - Add-on Acquisition
Langenzenn, Germany · www.schwaiger.de
Technuity, Inc. 2007-11-01 17M USD Add-on Acquisition
Indianapolis, Indiana · www.technuity.com
Thomson SA 2007-01-29 - Add-on Acquisition
92100, France
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Audiovox Electronics Corp.    - Terk Technologies Corp. 2005-01-04 2
Hauppauge, New York Commack, New York · www.terk.com

M&A by Sector

Sector Buy # Value Sell # Value
Electronics 6 (60%) 318M (69%) 1 (100%) 19M (100%)
Electrical Equipment 2 (20%) 17M (4%) - -
Automotive 1 (10%) 17M (4%) - -
Technology Hardware 1 (10%) 112M (24%) - -
Total 10 $463M 1 $19M

By Geo

State/Country Buy Value Sell Value
Germany 4 264M 1 19M
United States 4 199M - -
  Indiana 2 183M - -
  New Jersey 1 17M - -
  Florida 1 - - -
France 1 - - -
Japan 1 - - -
Domestic 4 (40%) 199M (43%) - -
Cross-border 6 (60%) 264M (57%) 1 (100%) 19M (100%)
Total 10 $463M 1 $19M

Top M&A Advisors

Legal Deals
Norton Rose Fulbright
1
Levy, Stopol & Camelo
1
Duane Morris LLP
1

Deal Values

buy # Total
$100M to $1B 3 $390M
< $100M 3 $73M
TOTAL $463M
Largest Klipsch Group, Inc.
$166M (2011-03-02)
sell # Total
< $100M 1 $19M
TOTAL $19M
Largest VOXX German Holdings GmbH
$19M (2019-06-12)

M&A Connections

Deals
Acquired from
Strategic(s)
20%
2 (20%)
Divested to
Strategic(s)
100%
1 (100%)

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