• Electra Partners Acquires Allen and Heath

    http://www.avnetwork.com/portals/0/GR_outside.jpg

    Electra Partners has acquired mixing console manufacturer, Allen & Heath, from D&M Holdings.

    £43 million of equity and debt has been provided by Electra Private Equity and Allen & Heath’s management.

    Allen & Heath designs and manufactures audio mixing consoles for live sound, such as concerts, theaters, and houses of worship. Allen & Heath’s existing team and distribution networks will still remain in place.

    "The ability to invest across the capital structure, in this case funding both the equity and debt instruments, is a great example of Electra’s flexible investment mandate being put to work to ensure a swift completion for the vendor and a straightforward structure for the business to capitalize on both organic and acquisitive growth opportunities,” chief investment partner, Electra Partners, Alex Fortescue said.

    "Allen & Heath is a leader in a niche market with an excellent track record of year-on-year growth," said investment partner, Electra Partners, Charles Elkington. "We believe that the company has a bright future and we will be looking to work with Glenn Rogers and his team to grow the business through further investment in new product development, improved marketing and distribution, and through acquisition."

    "We are very excited about working with Electra Partners and the opportunities it presents for the next phase of Allen & Heath’s growth," managing director, Allen & Heath, Glenn Rodgers said. "We have an excellent catalogue of existing products and a number of exciting prospects in development. We see opportunity for expansion into new areas and look forward to building Allen & Heath’s long-term future alongside Electra Partners."

    The Electra Partners deal team for this transaction included Charles Elkington, Ian Wood, and Shakira Adigun-Boaye.

    This is the fourth investment Electra Partners has announced this year, following the previously announced co-investment in CALA Group, and the acquisitions of AXIO Data Group and the EP I Secondary Portfolio.

    Electra Partners was advised by Taylor Wessing, Allen & Heath, and D&M Holdings was advised by Houlihan Lokey and Ropes & Gray International.

    Image & Source - http://www.avnetwork.com/latest/0013...nd-heath/91353
  • Recent Threads

    Rek_Aviles

    To The Underground - TTU#20 [Deep, Melodic, Progressive, Tech]

    Thread Starter: Rek_Aviles

    Click here to see it on Mixcloud



    https://cue.live/player/rekaviles

    Last Post By: Rek_Aviles Today, 10:06 PM Go to last post
    danros91

    Vestax Mixer Buzzing Problem

    Thread Starter: danros91

    Hi all,

    I've just picked up an old Vestax PMC-26 rotary mixer. Very nice sounding simple mixer which I'm enjoying using but there is a

    Last Post By: Manu Today, 12:21 PM Go to last post
    Scoobis

    What DJ pools would b good for me?

    Thread Starter: Scoobis

    What would be good dj pools for me.

    I play mostly rock, blues, jazz, across a wide range of era's I dont play many remix's. I also play

    Last Post By: Windows 95 Today, 10:17 PM Go to last post
  • DJF Recent General Threads

    DJ Que Yi

    Compulsiveness: how much equipment is enough?

    Thread Starter: DJ Que Yi

    Okay I love DJ’ing. I said it and admit it. Now the question is how much expenditures on equipment is enough? I’m a Mobile DJ and have an ample sound

    Last Post By: pete Today, 02:59 PM Go to last post
a