Altec Lansing
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Altec Lansing - overview
Location
-, PA, US
Primary Industry
Consumer Products
About
Altec Lansing is a company specializing in audio electronics, renowned for its innovative sound solutions that enhance user experiences in personal entertainment and outdoor activities. Founded in Milford, US, Altec Lansing focuses on audio electronics, providing a wide range of high-quality sound products. The company underwent a significant change when it was acquired by The Infinity Group for USD 17. 5 mn in October 2012.
Altec Lansing has not reported any subsidiaries or parent companies since its acquisition. Altec Lansing specializes in audio electronics, offering a wide range of products including Bluetooth speakers, headphones, and other portable audio devices. The company's core offerings focus on delivering high-quality sound solutions designed for various use cases such as personal entertainment, outdoor activities, and children's safe listening. Notable products include the EVERYTHINGPROOF® speakers, which provide rugged durability and up to 16 hours of playtime, catering to consumers seeking reliable audio for outdoor adventures.
Additionally, the award-winning Kids Safe 2-in-1 ANC Headphones are tailored for younger users, promoting safe listening levels while enhancing auditory experiences. Altec Lansing products are marketed primarily in North America and Europe, targeting both individual consumers and families, as well as partnerships with retailers that extend their reach into diverse market segments. Altec Lansing generates revenue through direct sales of its audio equipment, which includes flagship products like the EVERYTHINGPROOF speakers and Kids Safe headphones. The company employs a business-to-consumer (B2C) model, selling its products through online platforms and authorized retail channels, allowing customers to purchase directly.
Transaction structures include one-time purchases, with various pricing tiers reflecting product features and functionalities. Through promotional campaigns, customers are often incentivized to engage with the brand, such as offering discounts on their first order or notifications about sales and new product launches. The revenue streams are supported by a focus on customer experience, aiming to establish long-term relationships with users who value quality audio solutions. Altec Lansing plans to introduce new audio products designed for diverse consumer needs, set to launch in the upcoming year.
The company is also targeting expansion into emerging markets in Asia and South America by 2025. The recent funding from The Infinity Group will be utilized to support product development and market entry strategies, enabling Altec Lansing to enhance its product offerings and reach new customers.
Primary Industry
Consumer Products
Sub Industries
Consumer Electronics
Website
www.alteclansing.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Altec Lansing - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Altec Lansing | - | ||||||||
| Buyout | Completed | Altec Lansing | - | ||||||||
| Trade Sale | Completed | Altec Lansing | - | ||||||||
| Growth | Completed | Altec Lansing | - |
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