M&A Deal Summary

Focusrite Acquires Martin Audio

On December 19, 2019, Focusrite acquired electronics company Martin Audio from LDC for 39M GBP

Acquisition Highlights
  • This is Focusrite’s 1st transaction in the Electronics sector.
  • This is Focusrite’s largest (disclosed) transaction.
  • This is Focusrite’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2019-12-19
Target Martin Audio
Sector Electronics
Buyer(s) Focusrite
Sellers(s) LDC
Deal Type Add-on Acquisition
Deal Value 39M GBP

Target

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.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Focusrite

High Wycombe, United Kingdom

Category Company
Founded 1985
Sector Electronics
Employees557
Revenue 158M GBP (2024)
DESCRIPTION

Focusrite is a global music and audio products group that develops and markets proprietary hardware and software products. Used by audio professionals and amateur musicians alike, its solutions facilitate the high-quality production of recorded and live sound. Focusrite was incorporated in 1985 and is based in High Wycombe, United Kingdom.


DEAL STATS #
Overall 1 of 1
Sector: Electronics M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2019 M&A 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

LDC

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1981
PE ASSETS 3.9B GBP
Size Large
Type Sector Agnostic
DESCRIPTION

LDC is the private equity and investment arm of Lloyds Banking Group. LDC invests in mid-market companies throughout the UK. LDC seeks high growth businesses with at least two years of profitability (greater than £1 million). The Firm looks to commit £2 to £100 million in companies generating at least £5 million in revenue. Areas of interest include cleantech/environmental, construction/property, financial services, healthcare, industrials, retail/consumer, support services, TMT and travel/leisure. Prospective transaction types includes acquisition financings, development capital, equity release, MBOs, MBIs, mergers, private placements, and secondary buy-outs. LDC was formed in 1981 and is based in London.


DEAL STATS #
Overall 145 of 210
Sector: Electronics M&A 3 of 3
Type: Add-on Acquisition M&A Deals 70 of 97
Country: United Kingdom M&A 139 of 204
Year: 2019 M&A 11 of 11
Size (of disclosed) 48 of 62
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-18 Commsworld

Edinburgh, United Kingdom

Commsworld is a telecommunications network provider and ISP. Commsworld provides connectivity, cloud, security, unified comms, and IT infrastructure services to the public and private sectors. Commsworld was established in 1994 and is based in Edinburgh, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-20 Global Autocare

Leeds, United Kingdom

Global Autocare is an independent corporate mobility and fleet management provider with an impressive track record for growth and a loyal customer base. Global Autocare is founded in 2010 and is based in Leeds, United Kingdom.

Buy -