Prior Investments

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Terk was a 25 year-old company that designed, manufactured and distributed branded radio and TV antennas as well as selected components for sound/stereo systems. We acquired it in July 2001 with the expectation that wireless communications would grow rapidly and antennas would benefit greatly. We recruited a CEO from among our contacts in the security industry. During our ownership, sales grew from $20 million to more than $50 million. We successfully sold Terk to a strategic acquirer in January 2005.
Acquired:
July 2001
Exited:
January 2005
Industry:
Consumer Products
Region:
Worldwide Distribution
Headquarters:
Hauppauge, NY
Website:

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