Blackford Capital, a national private equity firm headquartered in Grand Rapids MI, announced its investment in Tustin CA-based Hall Research, a designer, engineer and manufacturer of AV hardware and software to communicate between AV sources and AV displays. Its product line includes video-over-CATx solutions, matrix switchers, scaling products and automation products.
Hall is Blackford’s sixth investment in its National Growth Practice, which invests in companies throughout the US, and the thirteenth portfolio company currently invested in by Blackford Capital. Blackford completed the transaction with financing from Gun Lake Investments and Comerica Bank.
Hall Research differentiates itself by providing customers with solutions to complex problems that larger competitors often overlook. Hall currently features 22 different product lines, over 500 SKUs and is frequently recognized by InfoComm, as well as other leading industry trade organizations, for its quality and design capabilities. Many of Hall’s successes and achievements can be attributed to the senior management team that has more than 60 years of cumulative experience in the Pro-AV and electronic hardware industries.
“From the outset, we were impressed with Hall’s ability to leverage its in-house engineering and product innovation capabilities in developing custom-tailored solutions for its customers,” Dennis Dunn, Operating Partner and Director of the National Growth Practice at Blackford Capital, said. “We are confident that we can assist management in leveraging those capabilities in new market segments and geographic regions going forward.”