DEI Holdings is a leading designer and marketer of premium home-theater loudspeakers and consumer-branded vehicle security and convenience systems. DEI’s broad portfolio of high-performance home audio products, including speakers, surround sound systems, sound bars and wireless music systems, is marketed under the Polk Audio and Definitive Technology brands (Sound United division). Its automotive products, which include sophisticated security systems and remote starters, are marketed under the Viper brand (Directed division). DEI has operations in Southern California, Baltimore and Montreal, as well as in Europe and Asia. DEI sells to more than 3,700 retailers representing over 10,000 storefronts.
In June 2011, Charlesbank purchased DEI with a significant coinvestment from the existing management team. To fund the acquisition, Charlesbank also arranged the debt financing, which included a revolver as well as first and second lien term loans.