Peavey Electronics was founded by Hartley Peavey in 1965, in the city of Meridian, Mississippi. The first Peavey amps to really make a mark on global guitar consciousness were the Decade and the Classic, the latter being a solid-state amp aimed squarely at blues, jazz and classic rock players.
In 1980, Peavey launched its hugely popular Bandit amp, an affordable 50-watt solid-state combo, which is still in production today. Peavey went on to collaborate with Eddie Van Halen on the development of the Peavey 5150 amp, which gained massive popularity among hard rock and metal bands, due to its impressive levels of distortion. When in 2004, Eddie Van Halen ended his collaboration with Peavey, he took the 5150 brand with him and the company renamed the amplifier the Peavey 6505.