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  1. December 15, 2022, 10:58 AM #1
    Mike
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    New Ownership at Parasound

    Parasound Under New Ownership | Stereophile.com


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    "We can hear everything we measure, but we can't measure everything we hear. Let your ears be your guide."

    Dealer for: Aqua Hi-Fi, Aurender, AudioQuest Cables & Power Products, Berkeley Audio, Block Audio (distributor), Boulder Amplifiers, Bowers & Wilkins (B&W), Bryston, Clarisys Audio Loudspeakers (distributor), Classe’ Audio, Degritter Record Cleaning Machines, Esoteric, Finite Elemente, FirstWatt, Focal Loudspeakers and Headphones, GigaFoil, Harbeth Loudspeakers, Hegel, HiFi Man, Innuos, ISO Acoustics, Keces Power Supplies, Kharma Loudspeakers and Electronics, Kuzma Turntables, Lumin, Luxman, Magico Loudspeakers, MBL Speakers & Electronics, MSB Technologies, MySonicLabs Phono Cartridges, Nordost Cables, Ortofon, Pass Labs, Quadraspire, Rega Turntables and Electronics, Shunyata Research, STAX, Stein Music Products, Stillpoints, Soulution, VAC, Vicoustics, Viva Audio, VPI Industries, WireWorld Cables.

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  2. December 15, 2022, 11:03 AM #2
    MichaelsMinute
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    Re: New Ownership at Parasound

    I wish them the best.

    We need companies like Parasound to bring people into this hobby. I'm guessing most people don't go right for mbl as their first system.
    "We are all billionaires because of the huge piles sweet dough rolling in from our participation in the ongoing campaign to suck your collective brains through a stirrer-straw." - PTA Editorial Staff
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  3. December 15, 2022, 12:01 PM #3
    Shadowfax
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    Re: New Ownership at Parasound

    Quote Originally Posted by MichaelsMinute View Post
    I'm guessing most people don't go right for mbl as their first system.
    Only the ones who don't do any Critical Listening

    I never owned Parasound but it was used in many of the smaller audio shops I visited over the years. Solid economical performer.
    -----------------
    Brian

    Main System -     Rotel RCD-1572 / Rega P3 > Luxman 505UX Mark II > Fyne Audio F502SPs > Synergistic Cables

    Secondary - OPPO 93 > VAC CLA 1 MKII Pre > Odyssey Stratos > Dynaudio Audience 82s > Tara Labs Cables

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  4. December 16, 2022, 02:42 PM #4
    astrotoy
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    Re: New Ownership at Parasound

    The new owner is saying the right things. He obviously is making an investment in buying the company, so he wants a reasonable ROI. The question is whether his supply chain experience can improve the profitability of the company while maintaining the quality. So many founder-owners sell their companies to new owners who don't have a deep understanding of the business and the particular secret sauce that the founder-owners have developed to maintain the quality of the product and and the same time get the ROI that the new owner thinks is appropriate for the investment. The ideal new owner brings expertise to add value to the company, along with the humility to maintain the elements of the company (including its culture) that have made it worth buying. Also is the founder-owner willing to sell the company for a lower offer price to a better future owner, and can the founder-owner accurately judge the new owners capabilities and willingness to continue the quality of company.

    Not every founder-owner has the luxury of passing on the business to the next generation like Wilson or Weisfeld and even then, passing it on doesn't guarantee maintaining the quality.

    Larry
    Analog-VPIClassic3-3DArm,Lyra Skala+MiyajimaZeroMono,2xAmpex ATR-102,Otari MX5050B2, Merrill Trident Tape Preamp, Herron VTPH-2A&BottleheadPhonoPre,
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  5. December 16, 2022, 02:47 PM #5
    Mike
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    Re: New Ownership at Parasound

    I may have been interested in buying it, provided it didn’t have crazy debt on the books like some other company that recently sold. New Ownership at Parasound


    Sent from my iPhone using Tapatalk Pro
    My Systems: http://www.audioshark.org/showthread...481#post158481

    "We can hear everything we measure, but we can't measure everything we hear. Let your ears be your guide."

    Dealer for: Aqua Hi-Fi, Aurender, AudioQuest Cables & Power Products, Berkeley Audio, Block Audio (distributor), Boulder Amplifiers, Bowers & Wilkins (B&W), Bryston, Clarisys Audio Loudspeakers (distributor), Classe’ Audio, Degritter Record Cleaning Machines, Esoteric, Finite Elemente, FirstWatt, Focal Loudspeakers and Headphones, GigaFoil, Harbeth Loudspeakers, Hegel, HiFi Man, Innuos, ISO Acoustics, Keces Power Supplies, Kharma Loudspeakers and Electronics, Kuzma Turntables, Lumin, Luxman, Magico Loudspeakers, MBL Speakers & Electronics, MSB Technologies, MySonicLabs Phono Cartridges, Nordost Cables, Ortofon, Pass Labs, Quadraspire, Rega Turntables and Electronics, Shunyata Research, STAX, Stein Music Products, Stillpoints, Soulution, VAC, Vicoustics, Viva Audio, VPI Industries, WireWorld Cables.

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  6. December 16, 2022, 03:47 PM #6
    astrotoy
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    Re: New Ownership at Parasound

    IIRC, the owner of Music Direct bought Mobile Fidelity when MoFi was in very serious financial difficulty. At the time Music Direct was still in its early stages, I think maybe even running out of its owner's home. Not sure whether the owner picked up any debt owed by MoFi.

    Larry
    Analog-VPIClassic3-3DArm,Lyra Skala+MiyajimaZeroMono,2xAmpex ATR-102,Otari MX5050B2, Merrill Trident Tape Preamp, Herron VTPH-2A&BottleheadPhonoPre,
    Dig Rip-Pyramix,IzotopeRX3Adv,MykerinosCard,PacificMicroso nicsModel2 AD
    Dig Play-Lampi Horizon, mch NADAC Roon/HQPlayer,Oppo105
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  7. December 16, 2022, 06:10 PM #7
    Mr Peabody
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    Re: New Ownership at Parasound

    Of course, everyone wants a good spin but both Schram and Sheriff seemed to be pleased and excited about the transition according to the article.
    Aurender ACS10 w/Audioquest Diamond USB, Esoteric N05xd
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  8. December 16, 2022, 10:14 PM #8
    XRS
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    Re: New Ownership at Parasound

    Congratulations to the new Parasound owners. That's an reassuring article! I'm glad to hear John Curl is enthusiastic for it. I just bought a JC 5 (the champagne color is gorgeous). Also a JC 2 BP that was open box but no manual. I wanted to contact Parasound last week to see if they have a printed manual available, think I 'll give em a ring next week and bother them! ps. also have an old Adcom 545 amp, John Curl design, big fan.

    Rich
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  9. December 17, 2022, 12:49 PM #9
    Mr Peabody
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    Re: New Ownership at Parasound

    I thought the Adcom 545 was based off a Nelson Pass design.
    Aurender ACS10 w/Audioquest Diamond USB, Esoteric N05xd
    Mark Levinson #526, 534 & JBL 4367's
    Clearaudio Performance DC w/Maestro cart
    Clarus Concerto & their Crimson cables

    HT: Marantz AV8003, Linn 5125, JBL SAM3ha, Revel s30,
    SVS PC13 Ultra
    Transparent, Analysis Plus & Tributaries. PS Audio filtering
    Sony XBR-75X940D & BDP
    Parasound P6, MBL 8006b, Artisan speakers/subwoofer
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  10. December 17, 2022, 03:02 PM #10
    XRS
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    Re: New Ownership at Parasound

    Quote Originally Posted by Mr Peabody View Post
    I thought the Adcom 545 was based off a Nelson Pass design.
    hahahaha. omg you're right. ooof, I've been drinking too much of the Curl coolaid.
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