QSC, LLC to Be Acquired by Acuity Brands 
 
 
   QSC, a Pioneer in Audiovisual Solutions, to Be Acquired by Acuity, a 
Leading Industrial-Technology Company 
 
 
COSTA MESA, Calif.--(BUSINESS WIRE)--October 24, 2024-- 
 
   QSC, LLC ("QSC" or "the Company"), a market leader in the design, 
engineering, and manufacturing of audio, video, and control solutions 
that are designed to create impactful experiences, today announced that 
they have reached a definitive agreement to be acquired by Acuity Brands, 
Inc. ("Acuity"). 
 
 
   This press release features multimedia. View the full release here: 
https://www.businesswire.com/news/home/20241023703409/en/ 
 
 
 
   Acuity announces the acquisition of QSC (Graphic: Business Wire) 
 
 
   "Bringing QSC together with Acuity underscores the critical role AV 
technology plays in live, hybrid, and virtual experiences," said Joe 
Pham, Chairman and Chief Executive Officer of QSC. "Our two 
organizations are aligned on a long-term mission and core values that 
drive our mutual passion for innovation, customer satisfaction, and 
employee well-being." 
 
 
   QSC will become part of Acuity's Intelligent Spaces Group to execute our 
joint vision of making spaces smarter, safer, and greener with 
disruptive technologies that leverage data interoperability. 
 
 
   "From our roots in pro audio to our Q-SYS platform solutions, our 
talented teams are well-positioned to bring our mission to life for our 
customers, ecosystem partners, and our system integrators who serve them, 
" said Jatan Shah, President of QSC. "With Acuity's Intelligent Spaces 
Group, our rich landscape of data will deliver dynamic and engaging 
experiences that captivate and inspire." 
 
 
   For financial or investor information, read the Acuity press release: 
https://www.investors.acuitybrands.com/news-releases/news-release-details/acuity-announces-agreement-acquire-qsc-llc 
 
 
 
   Morgan Stanley & Co. LLC is serving as the financial advisor to QSC, and 
Proskauer Rose LLP is providing external legal counsel. 
 
 
   About QSC, LLC 
 
 
   Founded over five decades ago, QSC, LLC is a globally recognized leader 
in the design, engineering, and manufacturing of award-winning solutions 
and services. 
 
 
   Leading the company's success is Q-SYS, a cloud-first platform for audio, 
video, and control, built on a modern, standards-based IT architecture. 
With established solutions across Corporate, Education, Hospitality, 
Venues, Events, Cinema, Government, Healthcare, and Transportation, 
Q-SYS is redefining possibilities for live, hybrid, and virtual 
experiences. 
 
 
   QSC Audio complements these offerings with high-performance loudspeakers, 
digital mixers, power amplifiers, software, and accessories. These 
solutions empower creators, performers, and entertainment providers to 
confidently deliver impactful experiences for their audiences. 
 
 
   For more information, visit www.qsc.com. 
 
 
   About Acuity Brands 
 
 
   Acuity Brands, Inc. $(AYI)$ is a market-leading industrial 
technology company. Acuity uses technology to solve problems in spaces, 
light, and more things to come. Through two business segments, Acuity 
Brands Lighting and Lighting Controls $(ABL)$ and the Intelligent Spaces 
Group (ISG), Acuity designs, manufactures, and brings to market products 
and services that make a valuable difference in people's lives. 
 
 
   Acuity achieves growth through the development of innovative new 
products and services, including lighting, lighting controls, building 
management solutions, and location-aware applications. Achieving 
customer-focused efficiencies that allow Acuity to increase market share 
and deliver superior returns, Acuity looks to aggressively deploy 
capital to grow the business and to enter attractive new verticals. 
 
 
   Acuity Brands, Inc. is based in Atlanta, Georgia, with operations across 
North America, Europe, and Asia. Acuity is powered by over 12,000 
dedicated and talented associates. Visit Acuity at www.acuitybrands.com. 
 
 
 

View source version on businesswire.com: https://www.businesswire.com/news/home/20241023703409/en/

 
 
    CONTACT:    Media Contacts 
 
 
   Jason Moss 
 
   Senior Vice President, Marketing & Ecosystem 
 
   Jason.Moss@qsc.com 
 
 
   Jen Smith 
 
   Senior Director, Brand & Communications 
 
 
   Jen.Smith@qsc.com 
 
 
 
 
 
 

(END) Dow Jones Newswires

October 24, 2024 09:38 ET (13:38 GMT)