McIntosh Group purchased by PE firm

Highlander Partners out of Dallas TX

Link: https://wnbf.com/binghamtons-legendary-audio-equipment-maker-mcintosh-labs-sold/

Second time in 10 years they have been bought. Will be interested to see what this means…

osodelnorte06-17-2022 4:43am

Showing 4 responses by cleeds

cleeds Details Discussions Posts This discussion Message User 5,699 posts 06-18-2022 at 07:20pm Copy Comment URL Report Comment Edit Delete nonoise This is the business model that Mitt Romney made his fortune from. Take over board by buying out member ... leave company with debt so large they have to declare bankruptcy ... In case you weren't aware, @nonoise Romney has actually already bought and sold McIntosh, because he was an owner of Bain Capital, the PE firm that acquired D&M holdings around 2008.
cleeds Details Discussions Posts This discussion Message User 5,699 posts 06-19-2022 at 04:05pm Copy Comment URL Report Comment Edit Delete juanmanuelfangioii ... it would be a shame to see them go the way of other iconic American brands like General Electric that has zero US manufacturing now. You don’t know what you’re talking about; GE is a huge domestic manufacturer. Its plant in Lynn, Mass, is one of the world’s largest manufacturers of both commercial and military jet engines. In North Carolina, GE builds power plants using parts made at multiple of its US plants in New Hampshire, Michigan, Kentucky, Vermont and elsewhere. And that’s just the tip of the iceberg.
cleeds Details Discussions Posts This discussion Message User 5,699 posts 06-19-2022 at 05:34pm Copy Comment URL Report Comment Edit Delete juanmanuelfangioii Another person who cannot face the facts. I simply disproved your claim about "brands like General Electric that has zero US manufacturing now." Please don't try to to make our discussion about something else.
cleeds Details Discussions Posts This discussion Message User 5,699 posts 06-19-2022 at 05:12pm Copy Comment URL Report Comment Edit Delete juanmanuelfangioii @cleeds let me help you. How many plants does GE have in the US? Enough to be a manufacturing giant in the segments where it competes. I even listed some of the U.S. towns where it has especially large, productive facilities. That is substantially more than what you claimed, so it isn’t me that needs "help." juanmanuelfangioii ... American brands like General Electric that has zero US manufacturing now ...

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