ZAGG Inc (NASDAQ: ZAGG) and BRAVEN Audio have announced the acquisition of BRAVEN from Incipio Group. ZAGG is a global leader in accessories and technologies that empower mobile lifestyles through its award-winning product portfolio that includes screen protection, power management, mobile keyboards and personal audio.
D.A. Davidson served as financial advisor to Incipio Group in the transaction.
The BRAVEN acquisition allows ZAGG to expand its leadership position in mobile accessories and provides ZAGG with an award-winning product and intellectual property portfolio, a world-class engineering team and a strong brand in adjacent categories for outdoor, active and premium audio consumers.
Full details of the transaction can be found here.