Private Equity Firm Acquires Thiel Audio
Thiel has
just launched the CS2.7, and the CS1.7 is in the final stages of development, rounding
out the company's CS .7 series. "We can improve efficiencies here at Thiel in the
product development and manufacturing stages, shortening the time to delivery for new
products with zero compromise in product quality," Thomas said. Thiel will explore
new product categories and expand its architectural series. Resources will also be
allocated to improving the company’s website and other marketing assets. There are no
plans to close Thiel’s Lexington, KY, headquarters. |
n unnamed private equity
firm located in Nashville, TN, has acquired Thiel Audio, one of the foremost makers of
time- and phase-coherent loudspeakers. Bill Thomas takes over as CEO from company
co-founder Kathy Gornik, but longtime Thiel employees Brad Paulsen, Gary Dayton, Lana Ruth
and Rob Gillum all remain, as does the company's entire factory team along with existing
sales reps and dealers.