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Freedman Group acquires Lectrosonics to boost global audio reach

Yesterday

The Freedman Group has announced the acquisition of Lectrosonics, a United States-based manufacturer of professional wireless audio systems.

Lectrosonics, established in 1971 and headquartered in New Mexico, is regarded for its work in UHF wireless audio technology and is widely used in the film, broadcast, and theatre industries. The company's reputation is built on more than five decades of expertise and was recognised in 2017 with an Academy Award for Digital Hybrid Wireless Technology.

The Freedman Group, whose portfolio includes RØDE, Mackie, Aphex, SoundField, and Event Electronics, will expand its professional audio offerings through this transaction. The deal includes Lectrosonics' brand, intellectual property, facilities in Rio Rancho, New Mexico, as well as its production machinery and equipment.

The financial terms of the agreement have not been disclosed. The Freedman Group confirmed that Lectrosonics will operate from its existing facilities, and the current management team will remain in place. This is intended to maintain continuity and preserve Lectrosonics' brand identity and customer relationships.

The acquisition was facilitated by PwC's M&A team, led by Troy Porter and James Hocking for The Freedman Group. Mediabridge Capital Advisors served as the M&A advisors to Lectrosonics.

Peter Freedman AM, Founder and Owner of The Freedman Group, said, "We are thrilled to welcome Lectrosonics to The Freedman Group family. For decades, Lectrosonics has been synonymous with the highest possible performance along with unmatched reliability and innovation in professional wireless audio. Their uncompromising commitment to quality perfectly aligns with our own values and strengthens our position as a global leader in professional audio solutions."

He added, "I am beyond excited and genuinely humbled that Lectrosonics is joining our team. They are without doubt the world's leader in wireless communication for the entertainment and broadcast markets. Being able to now offer our customers the finest sounding wireless technology in the world is, without exaggeration, something that is very special to me."

Lectrosonics' President, Wes Herron, said, "Joining The Freedman Group represents an exciting new chapter for Lectrosonics. With its global reach and shared passion for audio excellence and in-house manufacturing, we look forward to accelerating product development and expanding our market presence while maintaining the quality and reliability our customers expect."

He continued, "Over the years, we've garnered interest from some of the biggest names in the global audio industry, but RØDE was the only one that truly felt like the right fit. We couldn't be more excited to join The Freedman Group family and take this next step together."

Damien Wilson, CEO of The Freedman Group, commented, "Lectrosonics' journey, in many ways, mirrors our own. We've both built reputations on innovation, independent production, and maintain a deep respect for the creative community. This partnership is a natural fit and together, we're going to reshape the landscape of wireless audio."

The acquisition will see Lectrosonics continue to focus on its existing markets for high-end wireless audio, with the Freedman Group supporting further product development and expansion. With operations in both Australia and the United States, the group expects to leverage complementary expertise and a shared approach to manufacturing and quality standards across its global businesses.

This addition brings Lectrosonics into a portfolio alongside RØDE microphones and audio devices, Mackie live performance sound equipment, Aphex signal processing technology, SoundField ambisonic microphone systems, and Event studio monitors.

The Freedman Group indicated that the acquisition further strengthens its position in the international professional audio market, with expanded opportunities for growth, innovation, and manufacturing diversity.

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