Intrepid Advises Amped Wireless, Maker of Premium WiFi Networking Solutions, on Its Sale to Digital Products International

Intrepid, a leading middle-market investment bank, today announced the sale of its client, Amped Wireless, a developer and marketer of premium WiFi networking solutions, to Digital Products International (DPI), a leading producer of consumer electronics selling products under the Memorex, Zeki, iLive, GPX, WeatherX, Culinar and Oster brands.

“Amped is excited to join forces with DPI. This combination will enable us to continue to innovate and offer exciting solutions to our customers. The team from Intrepid has been a great partner for us and expertly led our process to find a value-added strategic partner,” commented Amped Wireless Founder Jason Owen. “I was impressed with Intrepid’s Commercial & Consumer Technology team, their thoroughness and tenacity was key in helping me find a partner and transaction that met our company’s goals.”

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“In only five short years, Amped Wireless has emerged as one of the top brands in the networking category with a unique suite of premium branded long-range WiFi solutions,” said Gary Rabishaw, Managing Director and Co-Head of Intrepid’s Commercial & Consumer Technology practice. “We are very pleased to have found the right strategic partner with the scale and distribution reach to take Amped to the next level.”

Added Adam Abramowitz, Managing Director and Co-Head of Intrepid’s Commercial & Consumer Technology practice: “Amped is well positioned to benefit from growing demand for WiFi connectivity throughout the home as consumer adoption of connected home and IoT devices proliferates. We are excited to follow Amped’s growth under DPI’s ownership in this very exciting category with massive growth potential.”

Headquartered in Ontario, Calif., Amped Wireless pioneered the long-range, high-powered WiFi category with premium solutions to address the everyday challenges of WiFi range, including range extenders, routers and repeaters. They ranked No. 16 on Inc. 500’s 2013 list of 5000 fastest growing private companies and No. 1 in Computer Hardware. On Deloitte’s Technology Fast 500 list, Amped ranks No. 15 overall and No. 1 in Computers/Peripherals.

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About Intrepid Investment Bankers
Intrepid provides M&Acapital raising and strategic advisory services to entrepreneurs and middle-market companies in various industry sectors. Our heritage, rooted in our founders’ successful 35-year history, breeds a culture that embraces teamwork, tenacity and creativity to win big for our clients. We believe that every company has an entrepreneurial passion that drives it and a story that defines it. Our team delivers results through skillful positioning of the client’s story and relentless execution. Based in Los Angeles, Intrepid augments its international capabilities through active membership in M&A International, an exclusive global alliance of M&A advisory firms.

About the Commercial & Consumer Technology Practice

Intrepid’s Commercial & Consumer Technology team provides a unique blend of proven execution expertise, deep industry knowledge, and relationships that have been cultivated over many years of dedicated coverage. Target sectors include: pro audio/visual technologies, digital signage, and residential and consumer technology. By focusing exclusively on these sectors, our industry bankers have a deep understanding of prevailing trends and value drivers. To stay up to date on recent industry trends read the M&A Soundcheck.