Transom Capital Purchases Blue Microphones
Transom Capital Group announced that it has purchased Blue Microphones. Skipper Wise and Little Buddy Martins Saulespurens, the founders of Blue, will retain an ownership interest in the company and continue on developing new products under the Blue moniker. Terms of the transaction were not disclosed.
Russ Roenick, Managing Director at Transom Capital, said that executives from Transom Capital and Blue have already been working together to develop a strategic plan for the Company and that Blue will be moving quickly to execute against key opportunities in the coming months.
Ken Firtel, Managing Director at Transom Capital, said that the Blue transaction was an excellent example of Transom Capital’s business model in practice. “Blue is a Southern California, middle market company that can benefit from our ability to partner with management teams and improve operational efficiency through hands-on involvement with the company,” Mr. Firtel said. “Transom Capital will be getting operationally involved with Blue to add value at all levels of the organization and enable the company to achieve its potential.”