Houlihan Lokey Advises Bowers & Wilkins
Houlihan Lokey is pleased to announce that Bowers & Wilkins has been acquired by Sound United LLC. The transaction closed on 9 October 2020.
Founded in 1966 in the UK, Bowers & Wilkins has been at the forefront of high-performance audio technology for more than 50 years. The company designs and manufactures precision home speakers, headphones, custom installation, and high-performance car audio products that set new standards for innovation and sound quality, earning countless awards and accolades from the world’s leading recording studios and musicians. Bowers & Wilkins’ reputation is based on the unwavering pursuit of the best possible sound and an unsurpassable music listening experience
Sound United is a portfolio company of Boston-based private equity firm Charlesbank Capital Partners, LLC. Founded in 2012 in California, Sound United owns an award-winning portfolio of audio brands that deliver industry-leading home theater and personal audio listening experiences for a wide-range of consumers. Each brand provides an expansive array of audio products (including high-end and custom installation audio) to mid-tier markets that cover loudspeakers, sound bars, AV receivers, wireless multi-room music systems, Bluetooth® speakers, amplifiers, turntables, and headphones.
Houlihan Lokey acted as the exclusive financial advisor to Bowers & Wilkins’ shareholders and negotiated all aspects of the transaction on their behalf.
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