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Hall Technologies receives funding to expand AV projects

Photo: iStock

April 20, 2022

Audio-visual manufacturer Hall Technologies has received an additional equity investment by Gun Lake Investments to support the company as it pursues an organic growth plan centered around product expansion, according to a company press release.

GLI initially invested in Hall Technologies in 2018, and effective April 1, 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 audio/visual industry," Monica King, GLI CEO, said in the release.

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," Jason Schwartz, CEO of Hall Technologies, said in the release. "GLI's approach to investments is unique relative to other private equity investors — their people-first mantra and long-term approach align well with the Company's strategy and culture. They see us as an innovator in the AV industry with a promising product roadmap. Our engineers, sales, and support staff are innovative, collaborative, and connected to designing solutions that reimagine the way people live, work, and play."