Blue Microphones has been acquired by private equity firm The Riverside Company.
Blue Microphones are know for their leading edge microphone technology, design for professional studios, live performance and consumers for home and portable electronics.
Founded in 1995, Blue began by manufacturing high-performance microphones used by professional artists like Bruce Springsteen, Sting and Coldplay. In 2005, Blue introduced the first professional USB microphone, which was adopted by many consumers for home recording, podcasting and chat. Blue has since developed consumer audio products such as the first THX-certified microphone and a portable microphone for iOS devices. Blue offers 31 distinct products for consumers and professionals.
“Blue Microphones is favored by pros and consumers alike,” said Riverside Managing Partner Loren Schlachet. “Their products are outstanding, and meet a range of requirements for end users needing virtually any type of microphone. We’re really excited to invest in this company.”
Blue Microphones is a recognized and respected brand with a track record of industry-leading innovation. Riverside plans to help the company expand globally while deepening its share in all markets, in addition to developing new products. Blue is poised for steady growth in the global digital microphone market, driven by Skype and consumer-created media.
“Over the past five years, Blue Microphones has launched a whirlwind of innovative new products and expanded distribution globally,” said Blue Microphones CEO John Maier. “Looking forward, Riverside is the ideal partner for Blue to achieve our ambitious expansion goals, both internationally and into new market segments, and I could not be happier to be joining such an accomplished team.”