Westone Audio has been acquired by Lucid Audio
June 2020 — Westone Laboratories, Inc., a portfolio company of HealthEdge Partners, has sold its premium in-ear monitor business Westone Audio to Lucid Audio, LLC, a wholly owned subsidiary of Hearing Lab Technology.
Westone Audio is a leading designer, manufacturer and distributor of universal and custom-fit premium wired earphones for recreational listeners and musicians. The company pioneered the custom in-ear monitor market in the 1980s and its products deliver industry-leading sound precision, ergonomics, fit and hearing preservation. Their custom and universal fit earphones cater to passionate audiophiles worldwide.
Lucid Audio is a manufacturer and provider of a variety of audio products which span the range from infant and child protective HearMuffs with advanced comfort and control features, to AMPED® wireless audio devices with quality amplification of inside and outside sounds, to personal sound amplification products that make hearing better accessible to everyone.
Our role in the transaction
Oaklins’ team in Los Angeles acted as the exclusive financial advisor to Westone Laboratories in this transaction.
Talk to the deal team
Gary Rabishaw
Oaklins Intrepid
Related deals
Nymann Kloak- & Miljøservice has been acquired by Serwent Group
Nymann Kloak- & Miljøservice has been acquired by Serwent Group. The acquisition expands Serwent’s footprint in Denmark while broadening its service offering and strengthening capacity across its existing platform. This transaction further supports Serwent’s ambition to become the leading Nordic operator in underground infrastructure maintenance.
Learn moreDIGMATIX has entered Romania through the acquisition of Elian Solutions
DIGMATIX, one of the largest providers of Microsoft Business Applications solutions in the region, has acquired Elian Solutions, a Romanian Microsoft Dynamics 365 partner, together with its subsidiary Elian Development Systems. Through the acquisition, DIGMATIX expands its operations into Romania and strengthens its position as a regional leader in the implementation and development of Microsoft Business Applications solutions. The acquisition was financed by an investment from DIGMATIX’s majority shareholder, Baltic private equity fund Livonia Partners, together with financing provided by SEB Bank.
Learn moreHeka Dental has joined forces with Impilo to anchor focused buy-and-build strategy
Heka Dental, a leading Danish designer and manufacturer of premium dental treatment units, has been acquired by the Swedish private equity firm Impilo. The acquisition establishes Heka Dental as a strategic platform for consolidation in the European dental equipment market. Impilo will execute a focused buy-and-build strategy to accelerate growth and expand its footprint across Europe.
Learn more