Minneapolis, Minn. – Graycliff Partners, an independent investment firm focusing on middle market private equity and mezzanine investments, has provided Williams Sound with subordinated debt and equity financing, effective March 2016. Graycliff’s investment in Williams Sound supports the recapitalization of the business to support growth opportunities.
“The Williams Sound team has built a multi-faceted business with significant potential for continued growth. The company’s product breadth and dedicated workforce makes it poised to take advantage of attractive industry tailwinds,” said Andrew Trigg, Managing Director, Graycliff Partners. “Graycliff Partners is excited to work with William Sound’s management to support the company’s continued success.”
Said Paul Ingebrigtsen, President and CEO, Williams Sound, “Williams Sound is pleased and excited to work with Graycliff Partners and we are looking forward to achieving our aggressive future growth goals together.”
Graycliff Partners is an independent investment firm focusing on middle market private equity and mezzanine investments in the United States and Latin America. Graycliff Partners LP is an SEC-registered investment advisor under the US Investment Advisors Act of 1940, as amended. With offices in New York and São Paulo, Graycliff Partners seeks to partner with companies led by strong, entrepreneurial management teams, providing capital for acquisitions, management buyouts, dividend recapitalizations, growth and expansion.
Williams Sound is a global designer and manufacturer of wireless communication technology, serving personal and professional listening needs worldwide since 1976. Williams Sound offers products and service for such commercial markets as hearing assistance, language interpretation, tour, corporate, education, government and house of worship. These systems include Hearing HotSpot™ Live Audio via Wi-Fi, Digi-Loop® Induction Loop, Digi-Wave™ Digital Communication, Personal PA® FM Listening, Portable Hearing Assistance Tour Guide and SoundPlus® Infrared.
