Roland Corporation (TSE:7944) entered into definitive agreement to acquire Drum Workshop, Inc. on September 12, 2022. Gary Rabishaw of Intrepid Investment Bankers LLC acted as financial advisor to Drum Workshop, Inc.

Roland Corporation (TSE:7944) completed the acquisition of Drum Workshop, Inc. for ¥9.4 billion on October 3, 2022. The transaction is financed by borrowings from a financial institution.