Burkhardt Buys Soundcast Systems
Industry veteran Jeremy Burkhardt, formerly of SpeakerCraft, has announced his purchase of Soundcast Systems.
“I saw so much opportunity in Soundcast with it’s amazing products and people that I couldn’t help but join forces just eight month after my retiring,” Burkhardt said in a statement.
Terms of the acquisition were not disclosed.
“Soundcast is an innovative, engineering driven company and one of the first to deliver high-performance working wireless technology and portable outdoor speakers. The unique opportunity lays in the fact that it’s a company with proven cutting-edge wireless, DSP and amplifier technologies with multiple patents under its belt. They’ve lacked the capital resources to grow the business with more products, marketing and field training initiatives that are necessary for its dealers.”
Burkhardt is currently in litigation with Nortek, the parent company of SpeakerCraft, from which he retired last year.