Krell Takes On An Investor To Make New Future-Minded Products

By |


Krell_logo.gif

Krell confirmed to HomeTheaterReview.com today that they have taken on KT Capital Partners as an equity investor. Krell is one of the most respected high end audio companies in AV history. Krell's Dan D'Agostino retains controlling interest in the brand unlike some recent private equity deals that have gone down in the specialty AV business.

Krell's new investor comes as companies like Paradigm and MartinLogan are weathering tough economic times notably well, thanks to being well capitalized via private equity. Add Krell to that list now.

In addition to extra money to help develop future minded products like Krell's $30,000 AV preamp called the Evolution 707 and their PapaDock and KID iPod system - Krell will retain its executive team lead by D'Agostino. Krell's statement AV preamp has received rave reviews and has sold well both domestically and into international markets despite its whopping price tag.

The new equity stake in Krell ends rumors that Krell was in play. Conjecture was that players like Linear (the company that bought Sunfire and Elan), Directed (the company that bought Polk and Definitive Technology) or even Harman might have been possible suitors for Krell.


  • Comment on this article

Post a Comment
comments powered by Disqus

Latest Industry Trade News

Sep 18
CEDIA 2017 Show Wrap-up The annual CEDIA Expo--which celebrates high-end home theater, whole-house AV, and all things custom-oriented--took place recently in San Diego. Adrienne Maxwell and Dennis Burger discuss the latest trends and new products on display.
CEDIA 2017 Show Wrap-up

Sep 11
Do You Own an AV Boat Anchor? AV technology is always advancing (sometimes quite quickly), and that means some pieces of gear inevitably get left behind. Do you own a product that became obsolete far sooner than you would've preferred?
Do You Own an AV Boat Anchor?

Sep 04
Why Aren't There More Negative AV Reviews? One question we get from some of our most loyal readers is, "How come there aren't more negative reviews on the website?" Jerry Del Colliano answers this question and gives more insight into our review process.
Why Aren't There More Negative AV Reviews?

Aug 28
MartinLogan Ends Online Partnership with Amazon and Other Retailers MartinLogan has announced that the company will no longer sell its products through Amazon.com and other current online retailers. The...
MartinLogan Ends Online Partnership with Amazon and Other Retailers

Aug 27
Have You Attended a Listening Event Recently? Looking for a pressure-free way to audition the latest AV gear? Check to see if your local specialty retailer hosts regular listening or AV demo events. Adrienne Maxwell describes a recent event she attended at Colorado's ListenUp store.
Have You Attended a Listening Event Recently?