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Gibson Guitar Corp.
Business Summary
Gibson Guitar Corp. is a privately-held manufacturer of diversified musical instruments. Gibson Guitar Corp.’s product portfolio includes acoustic guitars, basses, banjos, mandolins, accessories, drums, amplifiers, as well as processors, pianos, band instruments, vending machines, juke boxes, electric guitars, basses, and consumer electronics. Gibson Guitar Corp.’s most popular guitar is the legendary Gibson Les Paul guitar. Gibson Guitar Corp. was founded in 1974 by Orville Gibson, and Gibson Guitar Corp. headquarters are located in Nashville, Tennessee. In 2011, Gibson Guitar Corp. was the receiving end of a federal raid seeking information supporting allegations that Gibson was illegally imported banned ebony wood to use in its guitar fingerboards. (Gibson Guitar Corp. denied the allegations). See PrivCo's Detailed Business Description: Gibson Guitar Corp. for more information on the federal raid and related allegations.
Recent News, Updates, and Analysis
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Following Quiet Retail Success, Fender Guitar's $200M IPO Makes Some Noise
Mar. 2012 Tech and social media seem to be the only IPO groups turning heads with more traditional IPO candidates like consumer branded goods largely ignored. But do they deserve the disproportionate attention? PrivCo, The Private Company Financial Data Authority, takes a closer look at the headline catching techies and gives due credit to some low-flying retail IPOs. … Read More »
Overview & Corporate Organization
Basic Information
| Year Founded: | 1974 |
| Formerly Named: | The Tek Group, Inc. |
| Fiscal Year End: | 12/31 |
| 1YR Revenue Growth Rate: | View % |
| 3YR Revenue Growth Rate (CAGR): | View % |
| 1YR Employee Growth Rate: | View % |
| 3YR Employee Growth Rate (CAGR): | View % |
| City: | Nashville |
| State/Province: | Tennessee |
| Country: | United States |
| Phone: | View |
| Fax: | View |
| Website: | www.gibson.com |
Corporate Organization
| Subsidiaries: | The Original Musical Instrument Epiphone, Inc. Oberheim Electronics, Inc. Steinberger Slingerland Drum Company. Tobias bass, Inc. |
| Brands: | Gibson Nashville Gibson Montana Gibson Custom Gibson Art Gibson Strings & Accessories Gibson World Net Services Flatiron G-Wiz Pro Sound |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Competitors & Comparables
Charts, Financials, and Statistics (Table Format)
Copy & Paste Financials Into Spreadsheet or
| Income Statement | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
| Revenues | View | View | View | View | View | View | View | $195,000,000 | $185,000,000 | $155,000,000 | $135,000,000 | |
| Employee Figures | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
| Total Employees | View | View | View | View | View | View | View | 2,330 | 2,160 | 2,033 | 1,913 | 1,800 |
| Productivity (Revenue/Employee) | View | View | View | View | View | View | View | $83,691 | $85,648 | $76,242 | $70,570 |
| Financial Notes: | |
| * | Gibson Guitar Corp. fiscal year end: 12/31 |
Charts, Financials, and Statistics (Graphs)
(Copy and paste into spreadsheet or export all Gibson Guitar Corp. financials to Excel and create your own graphs.)
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Gibson Guitar Corp. Revenues ($ MM): |
Gibson Guitar Corp. Total Employees: |
Gibson Guitar Corp. Productivity (Revenue/Employee) ($): |
Mergers & Acquisitions
| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | Jun. 1987 | Completed | Steinberger | Gibson Guitar Corp. | Acquisition | Unspecified |
| Details | Aug. 1987 | Completed | Flatiron Mandolin Company | Gibson Guitar Corp. | Acquisition | Unspecified |
| Details | Jan. 1990 | Completed | Oberheim Corp. | Gibson Guitar Corp. | Acquisition | Unspecified |
| Details | Oct. 1993 | Completed | Original Musical Instrument Company | Gibson Guitar Corp. | Acquisition | Unspecified |
| Details | Apr. 1995 | Completed | Slingerland Drum Company | Gibson Guitar Corp. | Acquisition | Unspecified |
| Details | Dec. 2011 | Completed | View | View | Acquisition | View |
| Details | Jan. 2012 | Completed | View1 | View | Acquisition Majority Acquisition | View |
| Details | Jan. 2012 | Completed | View2 | View | Acquisition Minority Stake Purchase | View |
| Details | Mar. 2013 | Completed | View3 | View | Acquisition Majority Acquisition | View |
| 1 | Gibson Guitar has struck another...Read More → |
| 2 | Gibson acquried a minority stake...Read More → |
| 3 | Gibson has entered into an...Read More → |
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VC/Funding Activity
| Date | Investor | Round | Investor Type | |
| Oct. 1997 | Allied Capital Corporation | Funding | Private Equity | |
| Details | Total Round Funding $15,000,000 | |||
| Total of Funding Shown Above $15,000,000 | ||||
Missing a deal? Tell us about it! tips@privco.com
Detailed Business Description: Gibson Guitar Corp.
New Beginning of Gibson Guitar Corp. (1900s-1960s)
Gibson Guitar Corp.’s beginnings trace back to the 1880s when Orville Gibson, its namesake and founder, made his living as a salesman and clerk after purchasing a small workshop in Michigan. Orville Gibson began applying his techniques to make guitars, flutes, and banjos as well. From 1896 onwards, Orville Gibson started making instruments full time. Late 1902, Gibson entered into an agreement with five Kalamazoo financiers to create the Gibson Mandolin-Guitar Manufacturing Company. According to agreement, Orville Gibson was not a major stockholder, but was instead given a few of stock shares and a lump sum of $2,500 for his patent and the right to use his name. In July 1903, Orville Gibson sold his stock but remained at the company, Gibson Mandolin-Guitar Manufacturing Company, until 1904. Afterwards, Gibson received a monthly pension until he died in 1918.
After Orville Gibson’s death, Lloyd Loar joined the Gibson… Continue Reading →
Supplemental Resources
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