WMT advises on sale of technology brand Gear4
The Corporate Finance team at WMT Chartered Accountants advised on the sale of Gear4 – a leading designer and manufacturer of speakers and accessories for smart phones and tablets – on behalf of Disruptive Hong Kong Limited. Gear4 was acquired by Strax, a specialist in mobile device accessories.
Tom Dudderidge, the founder of Disruptive and the Gear4 brand explained that
“Strax are perfectly placed to progress the growth and development of the Gear4 brand around the world.”
Gudmunduar Palmason, Managing Director of Strax, commented that
“The acquisition of Gear4 brand strengthens our offering and it complements the licensed brands and partner brands we provide. Under the ownership of Strax, Gear4 will continue with the innovative product development and design that has been the hallmark of the brand since it was launched in 2006.”.
Advisors included Andrew Williamson of WMT Corporate Finance and legal advisors K&L Gates (vendor) and Logos (purchaser).