Monday, November 20th, 2017
ACT Lighting has completed its acquisition of RHC Holdings Corp. (RapcoHorizon). This move follows ACT Lighting’s recent acquisition of AC Power Distribution.
Headquartered in Jackson, MI and with core facilities in Massachusetts, Canada, and Mexico, RapcoHorizon manufactures interconnect assemblies, audio, data, and interface products, and specialty industrial wire. Its brand portfolio includes ProCo, RAT, RoadHog, and StageMASTER and its products are used by concert touring sound companies, video and sound contractors, recording studios, system integrators, audiophiles, and musicians. RapcoHorizon also has leading research and development capabilities and a modern custom metal shop to build new devices.
Wednesday, August 16th, 2017
Music technology company Audiofile Engineering has been acquired by Krekeltronics, a Minnesota-based product development firm. A new team will be resuming development on popular Audiofile products such as Fidelia, Vio, and Audiofile Calc, and has expanded contract product development services to assist with hardware, firmware, software, and integration, partnering with key audio technology and market leaders.
Thursday, May 4th, 2017
Popular downtown Toronto specialty MIDI and audio equipment retailer Saved By Technology has been acquired by Long & McQuade but will retain its name and staff. The announcement was made today by store co-owner Jim Burgess.
“The building in downtown Toronto where we have been located since May 1986 has been sold, and in order to ensure the continued operations of the company we have entered into a business agreement with Long & McQuade, who are now the new owners and managers. By mid-June, Saved By Technology will be moving to an exciting new location at 2 Eastern Avenue,” Burgess wrote in an email to clients and customers.
Friday, January 20th, 2017
Backun Pres. Morrie Backun
Eastman Music Company, a manufacturer and distributor of musical instruments and accessories, announced that it has made a significant investment in Backun Musical Services, a Canadian manufacturer of clarinets and woodwind accessories. This investment builds on the existing Eastman distribution of Backun products to dealers in North America. The deal sees Backun President Morrie Backun and Eastman CEO Qian Ni sharing co-ownership of Backun Musical Services.
The Eastman family of products, which includes Eastman, Wm. S. Haynes and S.E. Shires, now includes Backun clarinets and accessories. The agreement brings Backun’s woodwind instrument designs and manufacturing technologies into the Eastman portfolio, while leveraging Eastman’s brand and dealer relationships.
Tuesday, January 10th, 2017
Schaum Hal Leonard Signing: (L-R) Trish Dulka, VP Communications/Advertising HL; David Jahnke, VP National Sales HL; Jeff Schaum; Wesley Schaum; Mary Jo Remus-Curran, Schaum; Jeff Schroedl, Exec VP HL; Larry Morton, President HL
Hal Leonard announced that effective immediately it has acquired Schaum Publications, the publisher of educational piano materials. The joint announcement was made by Larry Morton, president of Hal Leonard, and Wesley Schaum, president of Schaum Publications.
Schaum Publications, Inc. was founded in 1959 by John W. Schaum. The company publishes scores of quality piano materials integrating method, theory, technique, and repertoire into a comprehensive education resources. The Schaum catalog includes over 700 titles including the bestselling Fingerpowerý line of products that have been used by tens of thousands of piano students over the years. John’s son Wesley has been running the operation since 1989 and came to Hal Leonard when he decided it was time for a change.
Tuesday, November 22nd, 2016
On the eve of its 50th year in business, The Freedman Electronics Group, which includes pro audio brands Rode Microphones, Event Electronics and Aphex, announced its purchasing the surround sound recording company SoundField from TSL Products.
Rode Founder Peter Freedman
Rode Founder and Managing Director Peter Freedman and TSL Products’ Managing Director Chris Exelby signed the deal on Nov. 21, 2016, sealing a deal that now sees Freedman Electronics take control over the entire SoundField company, including the current product line as well as all IP associated with the brand. The existing product line will continue, and all support and warranty for SoundField products will now be handled through the new entity. TSL Products will retain the upmix/downmix processing product range, which will be rebranded.