The Stephens Group Announces the Formation of Catalyst Acoustics Group
Little Rock, Arkansas – January 21, 2020 – The Stephens Group, LLC (“The Stephens Group”) is pleased to announce the formation of Catalyst Acoustics Group (“Catalyst Acoustics”). This development formalizes its strategy in the acoustical control industry and will serve as the platform for an elite group of acoustic, seismic, vibration and noise control companies that together offer the broadest portfolio of noise control solutions for industrial, architectural, commercial, construction, healthcare, government and other industries. Catalyst Acoustics will house The Stephens Group’s growing family of noise control solutions providers, which currently includes Kinetics Noise Control, IAC Acoustics, Sound Seal, Noise Barriers and Lamvin. Catalyst Acoustics will provide these businesses, which are already leaders in their respective niches, the resources of a much larger platform where scale, deep functional expertise, broad channel reach and significant financial resources far exceeds anything each company could accomplish independently.
Each of the businesses will remain independent brands and business units with continued ownership by key members of their management teams and the backing of its primary investor, The Stephen’s Group. “Uniting industry leaders like this is a ground breaking approach to the noise control market,” said Clay Hunter, Managing Director of The Stephens Group. “We are confident that by bringing these well-known and highly respected teams together, we can offer unmatched products, service and acoustic expertise. In an industry as fragmented as this one, we truly believe this will be a win-win-win for all stakeholders, most importantly customers, channel partners, influencers and our dedicated employees.”
Joe Lupone has been appointed Chief Executive Officer of Catalyst Acoustics Group and will lead these companies into the next chapter. “Bringing this family of companies together provides an outstanding and unique foundation for further growth,” said Lupone. “Each of our companies come to the table with well-seasoned, robust channel partners and already strong value propositions. Our approach is designed to further support the uniqueness and vision that each company offers, while leveraging the infrastructure, engineering capability and financial strength of the larger entity to enable swiftness and agility not seen in our market. Brand and channel preservation and product differentiation will remain the highest priority for us as we move forward toward a bigger and brighter future together”.
For more information contact:
Chief Marketing Officer
Catalyst Acoustics Group