Norwest Mezzanine Partners supports Highlander Partners’ Acquisition of McIntosh Group

Norwest Mezzanine Partners (NMP) has invested a combination of subordinated debt and equity securities to support Highlander Partners’ (Highlander) in their acquisition of McIntosh Group (Company), a leading designer, manufacturer, and marketer of high-end home audio equipment worldwide.

Carter Balfour, NMP Partner, commented, “We are excited to once again partner with Highlander. McIntosh Group presents a unique opportunity to acquire an industry leading collection of brands, and we look forward to working alongside Highlander and the management team to continue the Company’s growth trajectory.”

The Company offers a broad suite of premium audio products across multiple brands, catering to a highly loyal base of audio enthusiasts and music lovers. The common denominator of all the McIntosh Group brands is the goal of bringing sound to life through quality products built to perform. Key owned brands include McIntosh, located in Binghamton, NY and known for their globally renowned amplifiers, and Sonus faber, based in Vicenza, Italy and a designer and manufacturer of premium speakers. The Company also provides distribution services for a host of third-party brands.

“We are glad to have NMP investing alongside us in McIntosh Group. Consistent with previous transactions, the NMP team proved to be reliable and flexible partners, and we appreciate their support,” stated Ben Slater, Partner of Highlander.

About Highlander Partners

Highlander Partners, L.P. is a Dallas-based private investment firm with over $2 billion of assets under management. The firm focuses on making investments in businesses in targeted industries in which the principals of the firm have significant operating and investing experience, including basic manufacturing, food, chemicals, consumer products, and others. Highlander Partners uses a buy and build investment approach, creating value by helping companies grow both organically and through acquisitions. For more information, visit www.highlander-partners.com.