It is now official that JVC will soon be bought out from under parent-company Matsushita’s (also the owner of Panasonic) wings by private equity firm Texas Pacific Group (TPG). The deal is in the works and will probably be concluded by the end of March. Only time will tell if this move will be beneficial for consumers of JVC products, although CCInfo cites TPG’s previous investments that have made the company “Buyout Firm of the Year.”
