Hall Technologies announced it received an additional equity investment by Gun Lake Investments (“GLI”) to support the company as it pursues a rapid organic growth plan centered around new product expansion. GLI’s initial investment into Hall Technologies dates back to 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 audiovisual industry,” said Jason Schwartz, CEO of Hall Technologies. “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.”
GLI’s CEO, Monica King, will assume the role of chairwoman for Hall Technologies.