VOXX Electronics and the Rockford Corporation announced that they have reached a definitive agreement for VOXX Electronics to purchase all Crimestopper assets from Rockford with the sale expected to close later this month. Financial terms were not disclosed in the brief statement that was issued to Dealerscope on the deal.
Crimestopper, an aftermarket vehicle security solutions manufacturer has been around for more than 30 years and has existed under the Rockford Corporation portfolio since the fall of 2014. With the sale to VOXX, Crimestopper will move under the company’s Omega R&D portfolio of vehicle security solutions.
“Rockford has been a great steward of the Crimestopper brand since they were acquired by Founders Howard and Sharon Miller four years ago,” Aron Demers, Senior Vice President of VOXX Electronics Corporation, said in the statement. “Under Rockford’s direction, Crimestopper has done a remarkable job of expanding the Advanced Driver Assistance Systems (ADAS) and Security categories. VOXX Electronics looks forward to continuing the legacy and we are excited to add Crimestopper to our Omega Research & Development Technologies (Omega R&D) portfolio of vehicle security and ADAS products.”
Bill Jackson, CEO and President of Rockford Corporation added, “Crimestopper is a highly respected brand with a solid reputation and a loyal dealer network. We are pleased that VOXX, a leader in our industry, will carry on the 30-year legacy of Crimestopper.”
Effective January 16, Omega R&D assumed all responsibility for sales, service, and support for all Crimestopper dealers. VOXX said that in the coming weeks both Rockford and Omega R&D will begin to engage with Crimestopper dealers to provide additional details on the transition.