Guitar Center to Acquire Music & Arts Center

Posted on February 28, 2005

Guitar Center, Inc. announced that it has signed a definitive agreement to acquire privately held Music & Arts Center, a Maryland-based musical instruments retailer, which primarily addresses the beginning musician, with an emphasis on rentals, music lessons, and band and orchestra instrument sales. Music & Arts Center's operations include approximately 60 retail locations and 7 educational support centers. Music & Arts Center was founded in 1952 and delivers band instruments and services to a large customer base of students, parents, teachers, and schools.