Breakwater Portfolio Company yurbuds® Is Acquired by Harman International Industries

The US market leader in sports headphones is acquired by global infotainment and audio group Harman International Industries.

LOS ANGELES, June 2014 – St-Louis-based yurbuds®, a portfolio company of Breakwater Management, LP (“Breakwater”), has been acquired by Harman International Industries(NYSE:HAR), a leading global infotainment and audio group. Based in Los Angeles, Breakwater is a private investment firm that specializes in direct investments in leading lower middle market businesses that demonstrate attractive opportunities for growth.

Founded in 2008, yurbuds is the #1 selling sport earphone company in the United States. The firm develops in-the-ear and behind-the-ear headphones that are ergonomically and functionally designed specifically for athletes. yurbuds headphones are available in 19,000 points of sale, including big box general merchandise retailers, sporting goods retailers, and more than 750 active lifestyle specialty retailers.

“When it comes to providing a premium audio experience, there’s no better name in the industry than Harman, and we are incredibly excited to join forces to enhance the yurbuds product line, expand our scale, and grow the brand around the world,” said Seth Burgett, CEO and President at yurbuds.

“This is a very exciting juncture for this globally recognized premium brand within the sport tech market,” said Saif Mansour, Founding Partner at Breakwater. “The acquisition of the business by Harman now promises to accelerate the growth of the yurbuds brand further, with new opportunities to leverage technologies and distribution systems to drive global business expansion.”

Following the acquisition, Burgett and the yurbuds team will join the Harman Lifestyle Division. Harman International Industries reported 2013 revenue of $4.3 billion. In May, the company acquired AMX, a visual equipment maker from Texas, for $365 million.


Breakwater Management is a private investment firm that specializes in direct investments in leading lower middle market growth companies, especially businesses with expanding global operations. The firm aligns itself with committed management teams, owners, and sponsors to help propel lower middle market businesses into their growth curve. Breakwater has an established, world-class alternative asset management platform, with multiple partnerships and investment vehicles that service the lower middle market’s myriad capital needs.

To learn more about Breakwater, visit or call (424) 777-4000.

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Dear friends,

It is with profound sadness that we relay news of the recent death of our partner Saif Mansour. Saif passed away suddenly on October 27th due to an undiagnosed heart condition.

Saif founded Breakwater in 2009 as a young entrepreneur, with the vision of creating an investment firm that reflected his commitment to excellence, integrity, and long-term partnership. He was an incredibly intelligent, energetic, kind, and charismatic person, and a great connector of people who brought joy to everyone who knew him. He was a talented investor, a wonderful friend, and a natural leader.

Saif’s passion for Breakwater was surpassed only by his enormous love for his wife and their two young children. We grieve with them and extend our deepest sympathies to all of his family and friends.

We are heartbroken by this terrible loss but will honor Saif’s memory by continuing to build a firm that reflects his entrepreneurial spirit and core values. May his memory be a blessing to us all.

The Breakwater Family

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