M&A Deal Summary

Mackie Acquires Martin Audio

On April 15, 2007, Mackie acquired electronics company Martin Audio from Livingbridge for 17M GBP

Acquisition Highlights
  • This is Mackie’s 1st transaction in the Electronics sector.
  • This is Mackie’s largest (disclosed) transaction.
  • This is Mackie’s 1st transaction in the United Kingdom.
Investment Fate
  • Martin Audio was divested to a consortium of buyers in 2018 for 12M GBP.
  • Martin Audio was sold to a publicly-traded strategic buyer in 2019 for 39M GBP.

M&A Deal Summary
Date 2007-04-15
Target Martin Audio
Sector Electronics
Buyer(s) Mackie
Sellers(s) Livingbridge
Deal Type Add-on Acquisition
Deal Value 17M GBP

Target

Martin Audio

High Wycombe, United Kingdom
website
Martin Audio Ltd. is a designer, manufacturer and distributor of loud-speaker systems for the touring and installed markets (such as theatres, stadia, cinemas, bars, and nightclubs) on a worldwide basis. Martin Audio Ltd. was founded in 1971 and is based in High Wycombe, United Kingdom.

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Buyer(S) 1

Buyer

Mackie

Bothell, Washington, United States

website

Category Company
Founded 1988
Sector Electronics
DESCRIPTION

Mackie engineers, markets and distributes a wide range of professional audio and musical instrument products worldwide. Its product lines include sound reinforcement systems, analog, and digital mixers, studio products, and bass amplifiers. Loud Audio is the parent for world-recognized brands Ampeg, EAW, Mackie, and Martin Audio. Mackie was founded in 1988 and is based in Bothell, Washington.

DEAL STATS #
Overall 1 of 1
Sector (Electronics) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (United Kingdom) 1 of 1
Year (2007) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-02 Martin Audio

High Wycombe, United Kingdom

Martin Audio Ltd. is a designer, manufacturer and distributor of loud-speaker systems for the touring and installed markets (such as theatres, stadia, cinemas, bars, and nightclubs) on a worldwide basis. Martin Audio Ltd. was founded in 1971 and is based in High Wycombe, United Kingdom.

Sell £12M

Seller(S) 1

SELLER

Livingbridge

London, United Kingdom

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1995
PE ASSETS 1.6B GBP
Size Large
Type Sector Agnostic
DESCRIPTION

Livingbridge is a UK-based investment group focused on investing in and growing mid-sized companies. The Firm targets businesses seeking £5 to £100 million of capital. Prospective companies should have 'ambitious mangement', scalable business models, and potential for market leadership. Sectors of interest include technology, media, communications, consumer products/services, healthcare, and education. Livingbridge was formed in 1995 and is based in London.

DEAL STATS #
Overall 15 of 96
Sector (Electronics) 1 of 1
Type (Add-on Acquisition) 8 of 41
Country (United Kingdom) 13 of 88
Year (2007) 2 of 4
Size (of disclosed) 17 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-05 Bench

Manchester, United Kingdom

Bench Ltd. is a company involved in distribution of women's, men's and kid's clothing and accessories.

Sell £190M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-05-01 Glide

Kenn , United Kingdom

Glide provides managed Internet services to high density accommodation throughout the UK serving the student, keyworker and residential markets. Glide was founded in 1988 and is based in Kenn, United Kingdom.

Buy £12M
Mergr

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