Bose Corp. has acquired headphones maker Skullcandy from Mill Road Capital Management following a multiyear brand collaboration on several audio products.
Skullcandy is headquartered in Park City, Utah, but its chief executive, Brian Garofalow, runs the company from a satellite office in Costa Mesa. The local outpost opened in 2023, the same yearGarofalowjoined as CEO, to reconnect with the board sports industry in Orange County.
Skullcandy will remain a separate brand within Bose as the Framingham, Mass.-based audio company works to build a portfolio of brands to create new products with. Financial details were not disclosed.
“As a privately held company, we have the freedom to make bold, long-term investments in opportunities we believe in, and Skullcandy is a great example of that,” Bose CEO Lila Snyder said in a statement.
“Joining Bose gives us the opportunity to make those experiences even better by bringing more of their audio expertise and technology to our products, and it opens up even more ways to take Skullcandy further,” Garofalow added.
Connecticut-based Mill Road Capital also owns a majority stake in Newport Beach-based Mother’s Market, though the firm is rumored to be putting the grocer up for sale.
