Story of modern business I suppose, and no particular reason to worry, but both McIntosh and Faber are lifestyle brands and for some, that's attractive enough to make companies acquirable. Here's a brief PR blurb, and a link to the official announcement:
June 15, 2022 – Dallas, TX – Highlander Partners, L.P. (“Highlander”), a leading private investment firm, today announced the acquisition of McIntosh Group, through a newly-formed holding company (“the Group” or “the Company”). McIntosh Group has been a leader and innovator in the high-end audio category for decades and today manufactures and globally distributes the world’s finest amplifiers, speakers, turntables and other audio products under several renowned brands. The Company is driven by its dedication to quality performance, sophisticated technology, refined design, and artisan manufacturing. These tenets have resulted in brands known for incomparable design, product quality and consumer experiences.
The Group is anchored by the legendary McIntosh brand. Since 1949, McIntosh amplifiers have been engineered and handcrafted in Binghamton, New York and have undergone an incredible history, having powered events ranging from presidential inaugurations to Woodstock ‘69. McIntosh amps are globally renowned both for their iconic signature design – classic tubes, knobs and the beloved blue metered faceplate – as well as their unparalleled, powerful audio quality.
More details here
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