Description: Martin-Logan is a leading manufacturer and marketer of high-end loudspeakers and subwoofers. Martin-Logan’s products are sold through independent dealers as well as through chain electronics stores such as Magnolia/Best Buy and Tweeter.  Martin Logan represents ShoreView’s second investment in the high-end audio products industry.

Background/Purpose: The founder and majority owner of Martin-Logan was interested in selling the business to diversify his personal assets for estate planning purposes.  ShoreView structured a transaction that enabled him to achieve this objective and accommodated his desire to remain involved with the Company on a more limited basis. 

Growth Strategy:

• Broaden product offering through continued investment in product development
• Continue to grow with the Company’s existing national retail partners
• Increase the Company’s geographic footprint, particularly in international markets
• Pursue additional low-cost sourcing and manufacturing opportunities in Asia