Kirkland Advises HARMAN on Roon Acquisition
Kirkland & Ellis advised HARMAN, the premier connected technologies company for automotive, consumer and enterprise solutions, with leading brands including JBL, Harman Kardon, AKG, Infinity, Lexicon, Mark Levinson and Revel, and wholly owned subsidiary of Samsung Electronics, on the acquisition of Roon, a founder-led and owned music management, discovery and streaming platform for audiophiles. The acquisition, announced on November 27, 2023, will bolster HARMAN’s robust engineering capabilities and complement its comprehensive personalized audio experience across products and platforms. The financial terms of the acquisition have not been disclosed.
The Kirkland team was led by corporate partners Edward Lee and Steven Choi and associate Arjun Mocherla; intellectual property partner Ellisen Turner; and technology & IP transactions partners Shellie Freedman and Seth Traxler and associate Justin Garfinkle.
