Thiel Audio Acquired by Nashville Private Equity Firm

By |

Thiel Audio Acquired by Nashville Private Equity Firm


Thiel-Audio-logo-small.gifTHIEL Audio has announced that the company has been acquired by a private equity firm based in Nashville, TN. New THIEL CEO Bill Thomas has indicated that the brand focus will continue to be on premium quality phase and time coherent loudspeakers, with long time THIEL employees Brad Paulsen, Gary Dayton, Lana Ruth and Rob Gillum all remaining onboard.

Additional Resources
� Read more industry trade news from HomeTheaterReview.com.
� See a review of the Thiel CS1.6 floorstanding speaker.

New product categories will also be explored for THIEL; with an expansion of the architectural series an immediate priority serving to further establish the brand as a supplier of distributed audio solutions. "We will invest considerable time and energy speaking to our distribution channels worldwide, gathering data about the marketplace from those who know it best before making any decisions about new product direction," Thomas stated. Resources will also be allocated to improving the company's website and other marketing initiatives.

In addition to Paulsen, Dayton, Ruth and Gillum remaining with THIEL, the entire factory team has been retained and the existing sales channel--comprised of reps and dealers--will remain in place. The R&D and manufacturing facility in Lexington, KY will continue to operate at full capacity as well--there are no plans to close THIEL's Lexington, KY operation.

Latest Industry Trade News

Jun 22
Tix Available Now for HiFi Summit, the World's First Online AV Tradeshow AV trade shows have always been a tradeoff. Sure, they can be great for business and business connections, as well...
Tix Available Now for HiFi Summit, the World's First Online AV Tradeshow

Mar 17
Universal Brings First-Run Films Home Early Universal is bringing home theatrical releases much quicker than expected due to COVID-19.
Universal Brings First-Run Films Home Early

Mar 10
AXPONA Delayed Due to COVID-19 Concerns The popular regional audio show has been rescheduled from April 17-19 to August 7-9, 2020, due to concerns about the novel coronavirus.
AXPONA Delayed Due to COVID-19 Concerns

Oct 04
Sound United Will Not Be Acquiring Onkyo's Home Audio Division Looks like Onkyo, Pioneer, Pioneer Elite, and Integra aren't coming under the Sound United umbrella after all.
Sound United Will Not Be Acquiring Onkyo's Home Audio Division

Aug 02
Control4 and SnapAV Complete Merger SnapAV and Control4 announced this week that their merger, which was announced earlier this year, is now complete. This follows...
Control4 and SnapAV Complete Merger

  • Comment on this article

Post a Comment
comments powered by Disqus