Intrepid today announced that it served as the exclusive financial advisor to Radial Engineering, Ltd. (Radial)—a leading manufacturer and supplier of pro-audio interface technology, guitar effects, and acoustical treatment products—on its sale to Regimen Equity Partners (Regimen). Regimen acquired the company in partnership with Mike Belitz, a widely recognized and respected leader in the music industry who will be transitioning into the role of President and Chief Executive Officer of Radial. Radial’s Founder and CEO, Peter Janis, will be retiring after nearly 42 years in the music industry.
Established in 1991, Radial is a world-renowned manufacturer of pro-audio accessories and acoustical treatment products based in Vancouver, B.C. The company offers a diverse product catalog that includes Radial, Primacoustic, Tonebone, Reamp, Hafler, Dynaco, Iso-Max, and Jensen Transformers. Radial is an anchor brand within the music industry and is sought after by the world’s very best musicians, sound engineers, and music enthusiasts. Radial’s products are sold through an international network of dealers and distributors in nearly 60 countries around the world.
“Intrepid has a history of advising clients in the professional audio/visual industry. Their Commercial & Consumer Technology team took the time to listen to my personal and professional goals and helped orchestrate a transaction that led to an outstanding outcome,” said Peter Janis, Radial’s Founder. “They skillfully led us through the transaction and found an ideal buyer that can leverage what we’ve built at Radial over the past 25 years.”
“Peter built Radial through a long line of innovations that became industry leading products. We are thrilled to have represented this iconic brand known in the professional music industry for its innovation, performance, and quality,” said Adam Abramowitz, Managing Director at Intrepid.
According to Radial’s new CEO and President, Mike Belitz: “I have always been passionate about premium accessories in the music industry. Instruments come in and out of fashion, but musicians and audio professionals will always need well-designed high-quality solutions.”
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About Intrepid Investment Bankers
Intrepid provides M&A, capital 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 and relentless execution. Based in Los Angeles, Intrepid augments its international capabilities through its active participation in Oaklins, an exclusive global alliance of M&A advisory firms.