T-H Marine Supplies of Huntsville, Ala., acquired the assets of HydroWave LLC of Carrollton, Texas.
Financial terms of the deal were not disclosed.
HydroWave designs, manufactures and sells a patented line of marine sound technology devices that attract fish for anglers.
“We are very pleased to announce the acquisition of the HydroWave assets,” T-H Marine president Jeff Huntley said in a statement. “We are also proud that we will retain several key HydroWave employees and have entered into a multiyear consulting agreement with HydroWave founder Gene Eisenmann. Gene and his team have built a strong company with an excellent reputation for providing cutting-edge technology to help make fishing more rewarding for anglers of any skill level. These products really work, and we are excited about adding this great brand to the T-H Marine product line.”
“Growing HydroWave over the last four years has been an exciting adventure,” Eisenmann said. “I can’t imagine the dynamic growth it will achieve tied in with an industry leader such as T-H Marine. I’m also looking forward to a continued role in new-product development.”
Kevin VanDam, one of the owners of HydroWave, and one of the top anglers in the world, is maintaining an interest in the brand and staying involved with product development and promotion, Huntley said.
“I have been with HydroWave as an owner from the beginning,” VanDam said. “I believe in and use the product. I am excited that a super company like T-H Marine has bought HydroWave. T-H is a true leader in innovation of new products for serious fishermen. I have used and believed in T-H products for many, many years and they are literally on my boat from trolling motor to transom. We have already made plans for me to stay very involved with the brand and to work with T-H Marine to help more anglers catch fish with our sound technology.”