Los Angeles-based private equity firm Transom Capital Group announced the sale of Eastern Acoustics Works, a unit of Loud Audio, to Italy’s RCF Group.

This is the third and final divestiture by Transom of a business line of Woodinville, Wash.-based Loud Audio since the company was acquired in October 2017. The sale of EAW to the RCF Group allows Loud to develop and expand its Mackie brand of amplifiers, headphones, mixers, recording equipment, portable PA systems, speakers and studio monitoring equipment.

Other brands sold by Transom included the Ampeg bass amps and pedals to Yamaha Guitar Group Inc. in May and Martin Audio loudspeaker systems to U.K. private equity firm LDC, the private equity arm of Lloyds Banking Group, in July.

“Our companies have long lived in a conglomeration of brands and I believe going forward all the brands are going to benefit from new found focus, alignment and investment,” said Mackie President Alex Nelson, in a statement.

Ken Firtel is a co-founder and managing partner of Transom Capital Group, a Los Angeles-based private equity firm that specializes in middle-market companies. Firtel, who was among Los Angeles Business Journal’s LA 500 most influential list in 2018, was previously at private equity firm Platinum Equity. He also previously worked as an associate in the transactions department of O’Melveny & Myers, where he specialized in M&A, investor and company-side private equity, venture capital and debt financing and joint ventures.

In an interview, Firtel said that Loud Audio generated revenue of $100 million before Transom began divesting business lines. He declined to disclose the company’s current revenues.

While the Loud Audio business has downsized in the past year through the divestitures, Firtel didn’t rule out future acquisitions.

“Opportunistically, there aren’t any in the pipeline. There’s nothing near term,” said Firtel of Loud Audio, which he said would remain headquartered in Washington.

“We expect to continue with new product innovations and expand the products, and distribution, and focus on the consumer side of the high-end of the audio business,” he said.

Finance reporter Pat Maio can be reached at pmaio@labusinessjournal.com or (323) 556-8329.