JLab has been acquired by Noritsu Koki Co., Ltd.

Catalyst Holdings has sold JLab Audio (JLab), a leading personal audio brand, to Japan-based Noritsu Koki Co., Ltd. (TSE:7744) (NKC).

Founded in 2005 and based in Carlsbad, California, JLab is the number one seller of headphones under US$50, the number one seller of true wireless earbuds under US$100 as well as the number one kids’ headphone brand in the US, according to NPD. Driven by its relentless focus on innovation, visionary leadership and unique, accessible brand positioning, the company has experienced rapid growth over the past several years, gaining broad retail distribution in over 20,000 doors for its extensive product portfolio.

Based in Tokyo, Japan, NKC is a diversified holding company whose subsidiaries engage in manufacturing and healthcare activities. In April 2020, Noritsu Koki completed the acquisition of AlphaTheta, which offers professional DJ equipment under several brands, most notable Pioneer DJ.

Catalyst Holdings is a private equity firm that owned a majority stake in JLab.

Oaklins Intrepid in Los Angeles acted as sell-side advisor in this transaction.