Thompson Street Capital Partners Portfolio Company Alpaca Audiology Acquires Hearing Services & Systems
ST. LOUIS (November 16, 2018) – Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, announced today that its portfolio company Alpaca Audiology has acquired Portage, Michigan-based Hearing Services & Systems (HSS). The Company provides hearing assessments, state-of-the-art hearing aids and accessories and hearing healthcare services. Terms of the deal were not disclosed.
HSS (www.hearingservicesandsystems.com) specializes in hearing assessments including audiometric testing and tympanometry; hearing loss prevention; tinnitus management and other hearing health services. The Company offers two of the finest names in digital hearing instruments – Phonak and Starkey – some of whose models are capable of streaming phone calls and music wirelessly from iPhones or hearing assistive devices. For fitting their instruments, HSS employs Live Speech Mapping, a hearing aid fitting process that uses probe microphones and live, real-time speech to assure best results.
In addition to its Portage location, HSS has a location in Three Rivers, Michigan, increasing Alpaca Audiology’s reach in the central Michigan region.