Calrec Audio has announced its acquisition by Electra Partners. Calrec will become a sister company to Allen & Heath, which Electra acquired last year.
"When we made our initial investment in the professional audio sector by supporting the
buyout of Allen & Heath, Electra provided all of the new financing to ensure flexibility with
respect to further acquisitions in the sector," said Alex Fortescue, chief investment partner of Electra
Partners.
"The acquisition of Calrec shows the benefits of this approach, and both companies are well-placed
to accelerate growth as a result."
Charles Elkington, investment partner of Electra Partners, said: "We
are delighted to have funded the acquisition of Calrec.
"Part of our investment strategy in the
professional audio sector is to acquire additional businesses to create a group of market-leading professional
audio brands.
"We look forward to working with Roger Henderson and his team to continue to
invest in developing new products for Calrec's customers."
Calrec Audio is celebrating its 50th anniversary this year.