Merit Capital Partners and Enceladus Partners Acquire DS18

Merit Capital Partners and Enceladus Partners acquired DS18, a Pembroke, Florida-based designer and distributor of aftermarket audio products for car, marine, powersports, and pro-audio markets. DS18 sells speakers, amplifiers, subwoofers, and accessories across multiple performance tiers to enthusiasts, installers, and specialty retailers worldwide.

Merit provided equity and subordinated debt for the acquisition, which was completed in partnership with the DS18 management team.