Background
Founded in Worthing in the 1960s, Bowers & Wilkins specialises in the development of premium loudspeakers. Today, the company’s portfolio encompasses elite performance speakers, headphones, car audio and wireless streaming audio equipment and services. B&W is a market leader in the premium audio category, spanning the consumer and professional markets with the latter including installations in world-renowned studios such as Abbey Road and Skywalker Sound.
Against a background of significant global uncertainty, in 2020, the business was marketed for sale, with Sound United LLC becoming the preferred bidder and the incumbent lender also looking to exit on an accelerated basis.