Electra Partners has acquired audio mixing console manufacturer Allen & Heath from D&M Holdings in a £43 million (€50m) deal.
Allen & Heath says that its existing team and
distribution will remain in place but will benefit from further investment
targeted at product development, marketing and distribution.
Glenn Rogers, managing
director at Allen & Heath, said: "We are very excited about
working with Electra Partners and the opportunities it presents for
the next phase of Allen & Heath’s growth.
“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."