Transom Capital Group is a Los Angeles-based private equity firm with a proven track record of investing in, restructuring, monitoring and growing lower-middle-market businesses for the long-term.
“This transaction presents a great opportunity to work with the LOUD team to achieve the next stage of growth for these iconic brands," says Ty Schultz, managing partner of Transom Capital. “These brands are positioned well with major retailers, installers and production companies and bring with them an outstanding legacy of innovation and category-defining product introductions. We have been working closely with LOUD's leadership to ensure continuity of the supply chain, channel relationships and LOUD's employee base. We look forward to realizing the compelling growth opportunities for these brands both in the retail and professional audio spaces."
With operations in the U.S., United Kingdom, Canada and China, LOUD engineers, markets and distributes a wide range of professional audio and musical instrument products worldwide. Its product lines include sound reinforcement systems, analog and digital mixers, studio products and guitar and bass amplifiers. The transaction will enable LOUD to invest in innovative product development and expand into adjacent markets.
“This transaction is the first step in a broader strategic plan to enable and grow each of our iconic brands. Our brand and product strategies are greatly enhanced going forward as each will be working from a vastly improved financial structure and with access to growth capital,” says LOUD CEO Mark Graham.
New General Manager China And VP Global Operations
LOUD Audio, also announced the appointment of John Li to the position of General Manager China and VP Global Operations, based in Shenzhen, Southern China. Prior to joining LOUD, Li held positions with Harman Professional and BOSCH Automotive Products with comprehensive operations experience including managing P&L, sourcing, supplier development, planning and quality management. Li also holds two Bachelor degrees and a Masters degree.
“In discussions with the LOUD leadership team,” commented Li, “I was impressed with their strategic view of the future and desire for growth. For myself, this is a perfect time to join a great company with its distinguished brands and I look forward to investing all my efforts to driving improvements in supply chain quality and efficiency, and developing my team to achieve our goals.”
Commenting on the appointment, Mark Graham LOUD CEO, says, “With Southern China’s general strength in electronics manufacturing, and specific strength in professional audio manufacturing, it is strategically important for LOUD to place our Operations leadership closer to centre of these activities. “John’s appointment, coupled with our newly expanded office in Shenzhen, will enable LOUD to leverage the electronics ecosystem and supply base in Southern China. The entire LOUD leadership team is pleased to have someone of John’s calibre join us and lead our manufacturing operations into the next phase.”