TC Electronic formed the TC Group in 2002 after acquiring TGI plc. TGI consisted of Tannoy, GLL Goodman, Lab Gruppen and Martin Audio. Martin Audio was sold quickly after the merger and Goodman Loudspeakers closed. TC Works (software development), based in Germany, was once part of the TC group, but reintegrated with TC Electronic in 2005.
The current TC Group is a holding company of five individual brand companies consisting of Tannoy, (speakers and studio monitors), Lab.Gruppen (amplifiers), TC Electronic, TC-Helicon (harmonisers and vocal processors) and TC|Applied Technologies (digital-audio semiconductor development) and the sales-companies TC Group|International, TC Group|Americas, TC Group|Japan, TC Group|China, and TC Group|Middle East.
TC Electronic also co-develops products with Dynaudio Acoustics (studio monitors) and their European sales arm TC Group|International distributes Blue Microphones outside of the US.
In August 2015, the company was purchased by Music Group, a holding company chaired by Uli Behringer. The parent company has since been rebranded as Music Tribe.[2]