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In March 2012 the private equity firm Key Capital Partners (KCP) bought a £3.4 million minority stake in the group to develop its e-commerce platform. [ 2 ] [ 3 ] The company saw its sales turnover rise from £12.3 million in the year to February 2013, to £24.2 million in February 2015.
Music & Arts is an American musical instrument retailer chain specializing in band and orchestra instrument sales and rentals, guitars, keyboards, sheet music and accessories, musical instrument repairs and private music lessons. It is the largest school music dealer in the United States, with 253 retail locations. [1]
Guitar Center was founded in Hollywood in 1959 by Wayne Mitchell as The Organ Center, a retailer of electronic organs for home and church use. In 1964, after a supplier required him to carry Vox guitar amplifiers, to continue receiving organs, Mitchell added the amplifiers to his inventory and renamed the store The Vox Center, leveraging the Beatles association with the Vox brand.
CME was founded in 1990 by Scott Silver who moved the store from 3270 N. Clark St to its current location in 2005. A major player in the global vintage guitar market, Chicago Music Exchange took an active role in vintage guitar boom of the mid to late-2000s.
In 2015, Surack purchased Mynett Music Company, a retail music store established in Fort Wayne in 1933, focused on providing music instruments, lessons, and repair services for students and school music programs. [24] In October 2018, Sweetwater announced another expansion to construct a new warehousing facility. [25]
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Reverb.com is an online marketplace for new, used, and vintage musical equipment, including instruments used by notable musicians. [1] It was founded in 2013 by David Kalt, shortly after he purchased the musical instrument store Chicago Music Exchange and became frustrated with then-available options for buying and selling guitars online. [2]
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