Cacophony Forums
Unofficial Mackie User Forums => DL1608/DL806/DL32R/ProDX Mixers => Topic started by: WK154 on July 27, 2018, 11:00:07 PM
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The biggest news was the Samsung buyout at the beginning of the year of Harmon Intl. (brands such as Soundcraft, JBL, AKG etc.) $8 Billion in cash. Samsung's focus is the auto sound market. Then there is Transom Capitol Partners a private equity group that owns Loud. They have been busy selling off Ampeg and Martin this year after acquiring them only in October of 2017. What's next in Mackie's future? Wonder if Uli is next (Music Tribe)?
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Looking at the latest financials of Loud, it doesn't look promising according to Reuters. The last TTM (Trailing Twelve Months) was really bad, no wonder Transom is selling off pieces of their investment. Seems like they really don't understand the music business. They also unloaded Blue Microphones recently. See for yourselves with the Reuters link in a prior post.
http://cacophony.aspinock.com/index.php?topic=236.msg1194#msg1194
Cheers
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The newest Transom Sharks
Key Executives for Transom Capital Group, LLC
Name Board Relationships Title
Kenneth B. Firtel J.D. No Relationships Co-Founder, Managing Partner, and Managing Director --
Russell Roenick No Relationships Co-Founder, Managing Partner, and Managing Director --
Nathan Dastic No Relationships Chief Financial Officer --
Ty Schultz No Relationships Managing Partner --
James Oh No Relationships Loud board
Transom likes to keep a low profile