Klipsch Audio Executing a Global Strategy
"We want to grow, we want to expand categories, we want to grow in all the channels," Jacobs says. "Starting later this year, as we reformulate the organization and have learned to partner well with the VantagePoint team, [dealers] should really see a stronger business partner overall—whether it's Jamo, Klipsch or ZON."
Asked if Klipsch wants to go public, Jacobs replies: "There's no stated objective to hold an IPO. Obviously, when you work with an equity fund, there's got to be an exit strategy at some point, but our goals and objectives are to grow this group of brands globally, hit our benchmark financial targets and achieve a healthy, diversified company with brands represented around the world."