Global National Pro AV manufacturer, Hall Technologies, announced that it received an additional equity investment by Gun Lake Investments (GLI) to support the company as it pursues a rapid organic growth plan centered around new product expansion. GLI’s initial investment into Hall Technologies dates back to 2018, and effective April 1st, GLI increased its majority share of the business while assuming management control of the company.
“GLI is known for building relationships leading to investment opportunities that turn into success stories. They see our potential and are giving us the resources we need to expand our presence in the professional audiovisual industry. GLI’s CEO, Monica King will assume the role of Chairwoman for Hall Technologies. We are thrilled to have her aboard as we embark on this expansion as she adds a depth of experience and diversity to our leadership team,” says Jason Schwartz, CEO of Hall Technologies.
“We are ecstatic to take an even more active role alongside the great team at Hall Technologies as they continue to expand and excel in the high-growth professional AV market,” King said. “We think there’s tremendous opportunity in their core markets — including healthcare, corporate IT and education — building upon their outstanding reputation and brand.”