Cambridge Sound Management has made a business from helping companies minimize audible distractions in the workplace. Over the years, it has provided sound masking solutions to more than 25,000 customers in 30 countries, including more than half Fortune 100 companies.
Thanks to recent deal with Biamp Systems, Cambridge will broaden its reach even further. Biamp Systems, a portfolio company of Highlander Partners, L.P., recently acquired Cambridge Sound Management from Gladstone Investment Corp. Operations will continue to be conducted from Cambridge’s existing facilities in Massachusetts and Georgia.
Meghann Ellis, newly appointed general manager of Cambridge, comments, “We believe that Biamp is a perfect fit for our business and look forward to contributing to its continued success. Biamp’s broad reach into the commercial AV world will enhance Cambridge’s leading position and present us with access to significant new channels for growth.”
Ben Slater, director of Highlander Partners, adds, “Cambridge fits squarely into some of the most pronounced trends in commercial infrastructure today: open and modern architecture, improving workplace conditions and productivity, and a heightened focus on privacy. Its position in the high-growth sound masking category is unparalleled and we are thrilled to welcome Cambridge into the Biamp family. This acquisition confirms our strategy of executing complementary add-on acquisitions that expand Biamp’s existing product offerings while continuing to invest in organic growth. We plan to leverage the strength of our brands and distribution capabilities to ensure both Cambridgeand Biamp products reach an even broader audience throughout the vast professional audiovisual landscape. We continue to evaluate M&A opportunities and expect to make additional acquisitions going forward.”
In September 2016 Highlander added industry veteran Rashid Skaf, the former CEO of AMX, as a senior advisor to identify technology company opportunities; in November 2017 Highlander acquired Biamp and Skaf became president, CEO, and co-Chairman of Biamp. He adds, “The acquisition of Cambridge Sound Management unites two great brands in the professional audiovisual market. Together, we offer customers better access to industry leading solutions that manage sound and video to address a wide array of modern communications and collaboration challenges. It has been just one year since our acquisition of Biamp with the stated intent of using it as a platform to build a respected provider of comprehensive audiovisual solutions. This transaction is evidence of that strategy being implemented.”