Hall Technologies acquired by investment firm

Hall Technologies acquired by investment firm
Gun Lake Investments (GLI) assumed management control of Hall Technologies after increasing its majority share in the manufacturer with extra cash for product development.

GLI initially invested in Hall Technologies in 2018 and says the additional equity investment signals its confidence in Hall Technologies’ leadership, product portfolio, and future growth trajectory.

Jason Schwartz, CEO of Hall Technologies, said: “GLI is known for building relationships leading to investment opportunities that turn into success stories. They see our potential and are giving us the resources we need to expand our presence in the professional AV industry.  GLI’s CEO, Monica King will assume the role of chairwoman for Hall Technologies. We are thrilled to have her aboard as we embark on this expansion as she adds a depth of experience and diversity to our leadership team.”

King said: “We are ecstatic to take an even more active role alongside the great team at Hall Technologies as they continue to expand and excel in the high-growth professional A/V market.

“We think there’s tremendous opportunity in their core markets – including healthcare, corporate IT, and education –building upon their outstanding reputation and brand.”

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