ICM Asset Management, the international private equity investment and management firm, announced today that it has acquired an interest in Calgary based PK Sound, The partnership represents ICM’s first investment in the newly formed ICM Advantage Venture Capital Corporation.
PK Sound is a cutting-edge technology company dedicated to raising concert standards for today’s leading performers. The company produces advanced, adjustable and responsive commercial sound systems, including the Trinity line of robotic concert speakers, which deliver powerful, controlled clarity and depth. Award-winning performers and composers rely on PK Sound to deliver sound and music - brilliantly, precisely, and consistently.
“PK Sound continues to push the boundaries of what is expected by the market and consumers of music with new technologies and innovation,” said David Vankka, ICM’s Partner, Managing Director and Portfolio Manger.
Based in Calgary, Alberta with offices in Victoria, British Columbia and San Francisco, California, PK Sound can be found at engagements throughout North America and abroad, including Electric Daisy Carnival (EDC) Las Vegas, Burning Man, Shambhala, Lightning in a Bottle, and Paradiso.
“We are excited to be partnering with an amazing local talent as we continue to grow the Venture Capital Platform,” said Vankka. “We look forward to working with the team, and continuing to grow their business."
About ICM Advantage Venture Capital Corporation
ICM Advantage Venture Capital Corporation invests in a high growth portfolio of later stage venture companies with strong management teams, commercial products and services, distinguishable competitive advantages and excellent return potential. Learn more at www.icmadvantagevcc.com