Ardent Equity and VE Partners have sold Premium Sound Solutions to AAC Technologies

Premium Sound Solutions

With approximately 3,500 employees, Premium Sound Solutions (PSS) is a global leader in the development, production and commercialization of premium acoustic components and sound systems to automotive original equipment manufacturers (OEMs) and consumer audio brands. Headquartered in Dendermonde, Belgium, PSS produces approximately 110 million loudspeakers annually and has a unique global production footprint with production facilities across Asia, Europe and North America and an industry leading research and development (R&D) team in China and Europe. PSS has a particularly strong position in sound systems for the rapidly growing (plug-in hybrid) electric vehicles market.

The Deal

The transaction is a transformational deal in the global sound solutions market and represents one of the major corporate deals in Belgium in 2023. The transaction was shortlisted at the Belgian M&A awards as the “Best Large Cap Corporate Deal” of the year in Belgium.

Our Perspective

This more than €0.5 billion acquisition accelerates the diversification of AAC Technologies into the automotive industry and strengthens its acoustic capabilities and product portfolio. Under its new ownership, PSS will be even better positioned for future growth by broadening its customers’ solutions offering with AAC innovations, i.e. by adding embedded electronics and software solutions, and further strengthen its market position through AAC’s longstanding relationships with rapidly growing Chinese automotive OEMs.

Ardent Equity

Ardent Equity is an investment firm focused on mid-market businesses with headquarters in the Benelux and DACH regions. Taking an active role in supporting entrepreneurs and management teams, Ardent commits significant time to help companies structurally improve and grow. Ardent’s approach emphasizes enhancing the sustainability of products and services, advancing the digitization of processes and decision-making and supporting international expansion efforts.

VE Partners

VE Partners is a management and investment firm with a primary focus on active value creation and private equity investments in mid-sized companies, mostly with manufacturing or technical service activities.

AAC Technologies

AAC is a leading provider of sensory experience solutions with the goal of building the future of interactive sensory technologies. Through continuous innovation, the group established long-term strategic partnerships with global smart device clients. AAC has strong capabilities in acoustics, optics, haptics, sensor and semiconductor and precision manufacturing.

Value Enhancement Partners Ardent Equity Premium Sound Solutions AAC Technologies 2024 Connect with a Senior Team Member

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