Bose Corporation Announces Sale of Bose Professional to Transom Capital

Bose Corporation, a US-based multinational audio systems company, has announced the sale of the Bose Professional Division to private equity firm Transom Capital Group. With this deal, Transom (the same company that previously acquired the LOUD Group of audio companies that includes Mackie - Loud Audio) will assume ownership of the Bose Professional commercial installation and conferencing businesses. Bose will retain its portable PA systems as part of its core consumer product business.