Silverwood Partners, a specialized digital media technology investment banking firm, announced that Ken Berger has joined the firm as an Industry Advisor focused on the media and entertainment technology sector.
Berger is recognized industry expert and entrepreneur in the fields of sound reinforcement, recording, musical instruments, and audio and music technology.
Over his 30-plus years of experience in these industries, Berger has founded multiple successful companies, including Eastern Acoustic Works (EAW) and ProSoundWeb, and has held senior executive management positions at both public companies (LOUD Technologies, Mackie Designs) and privately held ventures (SIA, N-Tune, Music Sciences, TCGN).
Most recently, he established KBConsulting LLC, a dynamic branding and business development services firm where he continues as principal.
Berger’s direct experience includes all aspects of audio product development, marketing, branding, distribution, sales, and manufacturing, including the management of relationships with major international retail and contracting partners.
“Ken Berger brings a deep knowledge of the live sound, sound recording and music technology businesses to his role at Silverwood Partners. The resurgence of live sound, the increasing penetration of direct delivery of music via the Web and the erosion of the traditional music industry model creates many opportunities for technology providers to the industry,” said Jonathan Hodson-Walker, Managing Partner of Silverwood Partners.
“Silverwood Partners has been retained by or advised in the sale of businesses to some of the leading companies in the media technology sector, including Thomson, Sony, Avid and Miranda. Ken Berger’s’ sector presence will be an important complement to our ongoing media technology initiatives,” added Ethan Jacks, a Managing Director with Silverwood Partners.
“The changes in the sound and music business are significant and I see increased M&A activity as a natural aspect of the evolutionary change that is taking place. The rate of technology development is unprecedented and it creates opportunities for rapid value creation that is frequently best realized through the sale of a business. Larger industry participants are actively looking for selected acquisitions that fill a clearly identified need. I am looking forward to working with Silverwood Partners as an active catalyst of industry change,” commented Berger.
For more information:
Silverwood Partners Website