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Bergamot Asset Management Acquires 50% Stake in Augspurger and Professional Audio Design

Augspurger®, the world’s leading manufacturer of large-format mixing monitors, announced that Bergamot Asset Management has acquired a 50 percent stake in Augspurger® and Professional Audio Design and Malekpour Design Partners. The three companies will operate under the newly created Augspurger Holdco LLC, a new parent company created in partnership with Bergamot and Dave Malekpour, founder and president of the group.

[L to R] Augspurger Holdco LLC President and Chief Product Officer Dave Malekpour, CEO Christopher Liong

The partnership, which was completed prior to Thanksgiving after several months of due diligence, combines Bergamot’s capital investment and operational leadership with Malekpour’s entrepreneurial vision, positioning Augspurger for new growth and operational efficiencies while maintaining its world-renowned reputation for craftsmanship, performance, and design excellence.

Christopher Liong, CIO of Bergamot Asset Management, has been appointed CEO of the newly created entity Augspurger Holdco LLC and Malekpour will serve as President and Chief Product Officer. Malekpour says the partnership will result in increased operational scale and new product development: “Our new relationship with Bergamot opens a new phase of the Augspurger® brand, allowing us to continue delivering the highest-quality products to our customers while significantly increasing our capacity to meet the increased demand for our monitors around the world.”

“The new partnership will also enable Augspurger® to maintain inventory-ready production cycles, while opening up our distribution channels in every region. These operational improvements will help make our products more readily available to customers around the world,” Malekpour continued.

“Augspurger® monitors have been the standard in the pro audio industry for decades when it comes to recording and mixing,” adds Liong. “We recognize the value and legacy this legendary brand carries and have formed this partnership to facilitate the financial tools and logistical support needed for expansion, while honoring the sonic qualities and design attributes at the heart of the brand.”

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Curtis Chan

Contributing Editor at Broadcast Beat and AV Beat Magazines

Curtis Chan is a serial entrepreneur, philanthropist, author and business advisor/mentor. He played key executive roles early on in helping to pioneer and usher in both professional digital audio and digital video technologies for the recording, broadcast, cinematic and post production industries. He also played key executive roles in helping to develop and market data storage technologies. His expansive background spans four decades in ever increasing executive roles in operations, business development, engineering and sales/marketing in the information technology, media & entertainment, storage and networking, and other related high technology industries.

He is an active mentor and senior advisor to many established and VC backed start-up companies and incubators, a market/technology analyst, and has over three decades of experience in brand development, management consulting, company turnarounds, creative advertising and public relations.

View Cognitive Impact services at www.cognitiveimpact.com. Curtis can be reached at curtis@cognitiveimpact.com; Office: (714) 620-4993

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