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News
August 25, 2020

McIntosh Group Sells Audio Research to TWS Enterprises

With the brand celebrating its 50th anniversary, McIntosh Group has announced that it has sold Audio Research to TWS Enterprises.
Robert Archer  
The Audio Research line includes the LS28SE, which retails for $10,000.
Article:
News
August 25, 2020

McIntosh Group Sells Audio Research to TWS Enterprises

TWS Enterprises, LLC, a privately held company owned wholly by Trent Suggs, has agreed to purchase Audio Research from the McIntosh Group, Inc. subject to completion of due diligence which is expected to be finalized by the end of August.

As Audio Research celebrates its 50th Anniversary this year, the company states that it is time to embark on the next chapter of its journey in high performance music reproduction.

“It has been an honor and privilege to lead Audio Research for the past 3 years,” says Jeff Poggi, co-CEO McIntosh Group.

“It is with mixed emotions that we are selling Audio Research.  It has been rewarding to work with  the  passionate  team  of  audiophile  enthusiasts  and  craftspeople  that  make  Audio  Research  the  most respected high-end valve electronics company in the world.  Yet, I couldn’t be happier knowing that the brand will be under great leadership with Trent Suggs at the helm.”

According to the McIntosh Group, over  the  past  six  years  that it  has  owned the  McIntosh  Group it has expanded the brand’s marketing opportunities and exposure to new market segments.

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The McIntosh Group also says The Design Lab at McIntosh Group also defined a new industrial design for the brand by incorporating iconic elements of past products, while introducing a refined, modernized aesthetic.

As part of the newly acquired company there  will  be  two  familiar  additions  to  the  team:  Trent  Suggs  will  rejoin  the  company  with  dual  roles,  as  president and  as  director  of  North  American  sales, and  Brandon  Lauer  who will  rejoin  Audio  Research  with  dual  roles,  as  director  of international sales and as director of marketing.

Dave Gordon will assume the role of managing director. No other staff  changes  have  been  planned. 

Product  development,  engineering,  and  manufacturing  remain  at  the  company’s 20,000 square foot facility in Maple Grove, a suburb west of Minneapolis.

“I am extremely excited for this opportunity to be back as a part of Audio Research. As former North American Sales Director, I was able to build upon the excellence associated with this corporation,” comments Suggs.

“Jeff and the McIntosh Group have been instrumental during this process, and to them many thanks. We look forward to our continued relationships with our valued partners for another 50 years. Being part of such an amazing organization is truly an honor. Audio Research will continue our never-ending pursuit for excellence.”


More news from Audio Research: Audio Research Releases 50th Anniversary Book


TWS Enterprises, LLC is a privately-owned company created to hold Audio Research equities; it is not part of a group. The objective for TWS Enterprises is to further enhance brand reputation and to focus on the unique processes that nourish the culture and product innovation at Audio Research. Maximizing workforce talents while returning to small company values will allow Audio Research to strengthen its relationships, respond quickly to market demands, and continue to build some of the most sought-after electronics available today.

Audio Research Corporation was founded in 1970 by William Z. Johnson and is one of the oldest manufacturers of vacuum tube electronics in the world.

ABOUT THE AUTHOR

Robert Archer
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Robert Archer:
Bob is an audio enthusiast who has written about consumer electronics for various publications within Massachusetts before joining the staff of CE Pro in 2000. Bob is THX Level I certified, and he's also taken classes from the Imaging Science Foundation (ISF) and Home Acoustics Alliance (HAA). Bob has also served as the technology editor for CE Pro's sister publication Commercial Integrator. In his personal time beyond his family, he's studied guitar and music theory at Sarrin Music Studios in Wakefield, Mass., and he also studies Kyokushin karate at 5 Dragons and Brazilian jiu-jitsu at Binda Brazilian Jiu Jitsu.
View Robert Archer's complete profile

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