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Private | |
Founded | Vista, California, U.S. (2005) |
Founders | Darrell and Kathy Issa |
Headquarters | One Viper Way, Suite C Vista, CA |
Key people
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Kevin Duffy, CEO |
Products | Consumer audio/video, Speakers, Vehicle security/remote access |
Website | http://www.deiholdings.com |
DEI Holdings is the Vista, California-based parent company of several brands of consumer audio electronics and vehicle security/remote start systems. DEI Holdings is owned by New York City and Boston-based private equity firm Charlesbank Capital Partners.
The company that became DEI Holdings was founded by future US Representative Darrell Issa and his wife Kathy in 1982 as Directed Electronics, with Darrell Issa serving as the first CEO.
In 2000, Darrell Issa was elected to the House of Representatives, and Jim Minarik replaced him as CEO.
In 2004, Directed Electronics bought speaker company Definitive Technology.
In 2006, Directed Electronics bought Polk Audio.
In 2008, the companies adapted a holding company strategy, and their parent became DEI Holdings, Inc., to reflect the company's additional focus on audio.
In 2011, the company was bought by private equity firm Charlesbank Capital Partners.
In April 2013, the company combined Polk, Definitive Technology and the Boom Movement brands into a new division called Sound United.
In August 2016, Kevin Duffy was named the company's CEO, replacing retiring CEO Jim Minarik.
In March 2017, the Sound United audio division acquired New Jersey-based consumer electronics company D+M Group, whose various brands included Denon, HEOS by Denon, Marantz, and Boston Acoustics. At the time, D+M was the world's largest supplier of audio/video receivers.
The company has two divisions: