Wohler Technologies Adds On

Wohler Technologies Inc., a Hayward, Calif.-based provider of in-rack audio and video monitoring solutions, has acquired Europa Australia, a provider of high-end solutions to the broadcast industry. No financial terms were disclosed. Wohler Technologies is a portfolio company of Hanover Partners.

 

PRESS RELEASE

Wohler Technologies, Inc., of Hayward, California, the worldwide leader in providing in-rack audio and video monitoring solutions for the broadcast, motion picture, and professional audio/visual markets, has purchased Europa Australia, Pty Ltd. Europa Australia was established in 1996 to provide unique and cost-effective high-end solutions for the broadcast industry. Led by Elio De Luca, one of the world’s preeminent experts in the field of closed captioning and data insertion and extraction technologies.

“Europa Australia is known for its ability to provide cost-effective solutions customized to the specific needs of each broadcast client,” said Carl J. Dempsey, Wohler president and CEO. “The purchase of Europa Australia positions Wohler as a premier provider of closed-captioning and data control solutions. Through our new relationship with Elio and the Europa Australia engineering team, we will be equipped to respond to the development of closed-captioning standards in any country. This is a fantastic add-on to our existing talented engineering team. It is our ambition to be an extension of our clients’ engineering resources and we can only do this is if we invest in the right talent and technology.”

Hanover is thrilled with Wohler’s acquisition, which will position it for growth in its video product line and beyond its core of monitoring products. We are excited to bring on Elio De Luca, one of the foremost video engineers in the world,” commented Chairman of the Board, and Hanover Partners Principal John E. Palmer.

Hanover Partners acquired Wohler Technologies, Inc. from its founder in 2006.

Please visit the following websites to learn more about Wohler, Europa, and Hanover:

www.wohler.com
www.europaaustralia.com.au
www.hanoverpartners.com

To discuss the Europa Australia acquisition or Wohler Technologies and to discuss future investment opportunities with Hanover Partners, please contact John Palmer at johnp@hanoverpartners.com.

Hanover Partners and its institutional partners provide all the equity and debt to acquire majority positions in lower middle-market manufacturers with highly engineered products, as well as consumer products and business services companies, with operating income of at least $1.5 million and operating margins exceeding 10%.

Our unique ability to provide both equity and debt significantly enhances both the certainty and efficiency of closing transactions and provides a more flexible capital structure for the company going forward.

Hanover’s approach is unique in the lower middle-market and has been favored by numerous management teams and selling shareholders. Please review the Common Questions section of our website for further information.