The Freedman Group, parent company of audio brands including Røde, Mackie, Aphex, SoundField and Event Electronics, has today acquired US professional wireless audio systems company Lectrosonics.
Founded in 1971 and headquartered in New Mexico, Lectrosonics has led UHF wireless audio technology applications for film, broadcast, and high-end theatre applications for more than five decades. With a reputation for reliability and technical excellence, the company received an Academy Award in 2017 for its Digital Hybrid Wireless Technology.
‘We are thrilled to welcome Lectrosonics to The Freedman Group family,’ says Freedman Group founder and owner, Peter Freedman. ‘For decades, Lectrosonics has been synonymous with the highest possible performance along with unmatched reliability and innovation in professional wireless audio. Their uncompromising commitment to quality perfectly aligns with our own values and strengthens our position as a global leader in professional audio solutions.
‘I am beyond excited and genuinely humbled that Lectrosonics is joining our team. The company is without doubt the world’s leader in wireless communication for the entertainment and broadcast markets. Being able to now offer our customers the finest sounding wireless technology in the world is, without exaggeration, very special to me.’
While financial terms remain undisclosed, the deal encompasses the company’s brand, complete intellectual property portfolio, factory buildings in Rio Rancho and a comprehensive array of production machinery and equipment. The Freedman Group has confirmed that Lectrosonics will continue to operate from its existing facilities, with the current management team remaining in place to ensure continuity and preserve brand identity and customer relationships.
The transaction was brokered by PwC’s M&A team, led by Troy Porter and James Hocking, on behalf of The Freedman Group. Mediabridge Capital Advisors served as M&A advisors to Lectrosonics.
‘Joining the Freedman Group represents an exciting new chapter for Lectrosonics,’ says Lectrosonics President, Wes Herron. ‘With its global reach and shared passion for audio excellence and in-house manufacturing, we look forward to accelerating product development and expanding our market presence while maintaining the quality and reliability our customers expect. Over the years, we’ve garnered interest from some of the biggest names in the global audio industry, but Røde was the only one that truly felt like the right fit.’
‘Lectrosonics’ journey, in many ways, mirrors our own,’ says Freedman Group CEO, Damien Wilson. ‘We’ve both built reputations on innovation, independent production, and maintain a deep respect for the creative community. This partnership is a natural fit and together, we’re going to reshape the landscape of wireless audio.’
With complementary technologies and shared values at their core, the addition of Lectrosonics to The Freedman Group strengthens the Group’s global portfolio, offering new opportunities for growth, innovation, and manufacturing diversity across its Australian headquarters and US operations.
This acquisition cements The Freedman Group’s position as one of the most comprehensive pro audio companies in the world, expanding on a portfolio which already includes Røde microphones and audio devices, Mackie live sound equipment, Aphex signal processing technology, SoundField Ambisonic microphone systems and Event studio monitors.
More: www.lectrosonics.com