Gordon Brothers Picks Up Coby Electronics

Law360, New York (August 28, 2013, 6:52 PM EDT) -- Gordon Brothers Group has agreed to acquire New York-based personal electronics and accessories maker Coby Electronics Corp. for an undisclosed price, the global private equity firm announced Wednesday.

Gordon Brothers plans to inject the company, which sees about $400 million in annual sales, with capital to support the development of new products and marketing strategies.

Coby makes headphones, speakers, portable stereos, laptops, netbooks and home theater systems, among other personal electronics.

“As a niche market leader for over 25 years, Coby's brand recognition and wide array...
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