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Thursday, December 26, 2024
YOU ARE AT:Business NewsGun Lake Investments Announces Growth Investment in Hall Technologies

Gun Lake Investments Announces Growth Investment in Hall Technologies

Hall Technologies received an additional equity investment from Gun Lake Investments, further supporting the company as it pursues rapid organic growth and product expansion. As of now, 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. GLI’s CEO, Monica 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,” says Jason Schwartz, CEO of Hall Technologies.

The investment signals GLI’s confidence in Hall Technologies’ leadership, product portfolio, and future growth trajectory.

“We are ecstatic to take an even more active role alongside the great team at Hall Technologies as they continue to expand and excel in the high-growth professional A/V market,” King said. “We think there’s tremendous opportunity in their core markets – including healthcare, corporate IT, and education –building upon their outstanding reputation and brand.”

Hall will be exhibiting at the Indian Gaming Tradeshow & Convention hosted by National Indian Gaming Association (NIGA) held at the Anaheim Convention Center on April 19-22.

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