Helios Expands Electronics Portfolio with Radio Sound Asset Acquisition, Secures Indian Motorcycle Deal — Helios Technologies, Inc.

Event summary

Helios Technologies' Enovation Controls acquired certain assets of Radio Sound, including intellectual property and technology capabilities.
The acquisition supports a new multi-year contract to provide advanced electronics solutions to Indian Motorcycle.
Radio Sound's expertise includes amp-on-speaker technology, automotive audio bus (A2B) communication, and antenna technologies.
The transaction is structured as a simultaneous sign and close and is not financially material.
Indian Motorcycle became a standalone company in February 2026 following its separation from Polaris Inc.

The big picture

Helios Technologies is strategically expanding its electronics segment through the acquisition of Radio Sound assets, aligning with its CORE Strategy outlined at Investor Day. This move positions Helios to capture greater wallet share with existing customers and explore new opportunities in the recreational vehicle market, where demand for digitalization and connectivity is growing. The acquisition also underscores Helios' customer-centric approach to innovation, aiming to differentiate its offerings in a competitive landscape.

What we're watching

Integration Challenges: How quickly Helios can integrate Radio Sound’s technology into its existing electronics portfolio.
Customer Retention: Whether the new contract with Indian Motorcycle can be leveraged to secure additional business from other recreational vehicle manufacturers.
Market Expansion: The pace at which Helios can expand its electronics offerings across other end markets beyond recreational vehicles.