What They Say
A majority interest in Kramer Electronics has been acquired by Fortissimo Capital Fund, a private equity fund based in Israel. Michael and Ben-Zion Hochstein, two of the company’s founders, will retain their interests in the company.
Dr. Joseph Kramer, one of the founding fathers of the AV industry and of Kramer 40 years ago, has retired.
What We Think
Although we have reported on Kramer many times over the years, at trade shows, the firm had so much to offer (its product page on the web has over 100 different categories – not products, categories!) that I never knew quite where to start. Of course, as an integrator, a supplier with such a wide range is a real advantage if you are confident of the firm’s technology. (BR)
