Harman International Industries, Incorporated
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Harman International Industries, Incorporated - overview
Established
1980
Location
Stamford, CT, US
Primary Industry
Consumer Products
About
Based in Connecticut, US, and founded in 1980, Harman International Industries, Incorporated trading as Harman, design and deliver smart products, systems, software, and services that connect people. In April 2007, Harman International Industries, Incorporated entered into an agreement with affiliates of Kohlberg Kravis Roberts & Co. L. P.
(“KKR”) and GS Capital Partners (“GSCP”). KKR and GSCP purchased USD 400 million of 1. 25% senior notes convertible under certain circumstances into Harman common stock. As of March 2022, the company is led by its CEO Michael Mauser.
The company is listed on New York Stock Exchange with the ticker symbol HAR. Harman International Industries, Incorporated's segments include connected cars, lifestyle audio, professional solutions, and connected services. The Connected Car segment designs, manufactures, and markets connected car systems for vehicle applications. The Lifestyle Audio segment designs manufacture and market car audio systems.
The Professional Solutions segment designs manufacture and market a range of audio, lighting, video, control, and automation solutions for entertainment and enterprise applications. The Connected Services segment includes the operations of Symphony Teleca Corporation, Red Bend Ltd. , and its automotive services businesses. Its brands include AKG, AMX, Crown, Infinity, JBL, Revel, Soundcraft, and Studer.
Primary Industry
Consumer Products
Sub Industries
Consumer Electronics, Consumer Electronics Stores, Automobiles, Other Vehicles & Parts
Website
www.harman.com
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
Harman International Industries, Incorporated - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Symphony Teleca Corp. | - | ||||||||
| Trade Sale | Completed | Bang & Olufsen | - | ||||||||
| Trade Sale | Completed | Symphony Teleca Corp. | - | ||||||||
| Add-on | Completed | Martin Professional A/S | - | ||||||||
| Unspecified Exit | Completed | Harman International Industries, Incorporated | - |
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