Main Street Capital has invested $35.2 million in Digital Products International to facilitate its recapitalization and growth in the competitive consumer electronics market.

Information on the Target

Digital Products International Inc. (DPI) is a St. Louis-based manufacturer of consumer electronics renowned for its diverse array of products marketed under various proprietary brands and private labels. Among DPI's notable brands are GPX, iLive, iLive Platinum, Culinair, Zeki, SkyRider, Gran Prix, Amped Wireless, and Memorex. The company's product offerings encompass Bluetooth and Wi-Fi devices, smartphone accessories, and drones. DPI distributes its products through a wide network, including retailers, e-commerce platforms, and home shopping networks.

Previously operating under the GPX name, DPI was established in 2004 when a New Jersey-based private equity firm acquired the company. Subsequently, it was taken over by its management team, further solidifying its independence and branding strategy.

Industry Overview in the Target’s Specific Country

The global consumer electronics industry is experiencing significant growth, driven by increasing consumer demand for innovative and smart technology. According to research firm Global Market Insights, the market