Gores acquires Harris Broadcast

Harris Broadcast – an internationally known supplier of transmitters- has been taken over by The Gores Group.

Harris supplies a range of Am and Fm transmitters and has also recently branched out into digital transmission systems.

The Gores Group is a global investment firm focused on acquiring controlling interests in mature and growing businesses.

In a statement, President of Harris Broadcast Harris Morris said, “The Gores Group brings enormous value to Harris Broadcast— experience in diverse technology and media sectors, operational and financial expertise, a global investment approach, a flexible capital base, and a reputation for adding value to the businesses it acquires.

“Being owned by The Gores Group as a privately-held company will enable Harris Broadcast to capitalize on our market-leading position, continue to pursue growth opportunities, and aggressively respond to continually evolving market trends and customer needs.”

Harris Broadcast has retained use of the Harris brand for an extended period following the close. The Gores Group is acquiring all Harris Broadcast business areas and product lines.

“We view our reputation for world-class support as our most highly valued asset, and our commitment to providing our customers with exceptional service at every stage of the sales cycle remains firm under new ownership,” said Morris.

“Finally, we remain steadfast in our strategy to pursue attractive opportunities regardless of geographic location, which enables us to effectively address the needs of our growing global customer base.”