Broadcast Vendor M&A: PE Firm Acquires Allen & Heath Acquired in £43 Million Deal

Posted by Joe Zaller
Jun 24 2013

UK-based private equity firm Electra Partners has acquired Allen & Heath, a manufacturer of audio mixing consoles, for £43 million of equity and debt. Allen & Heath’s management also participated in the deal.

The seller was consumer audio specialist D&M Holdings, which acquired the company in 2006 from Growth Capital Partners for £15m.

D&M Holdings also owns broadcast audio console vendor Calrec Audio, which was not part of the Allen & Heath transaction.

Electra says it expects Allen & Heath’s existing team and distribution networks will remain in place, and that the company should be able to achieve continued organic growth, driven by accelerating new product development and new product launches.

Electra says it will also “look to support the management team in making acquisitions of other professional-audio brands and products.”

“We are very excited about working with Electra Partners and the opportunities it presents for the next phase of Allen & Heath’s growth,” said Allen & Heath Managing Director Glenn Rogers.  “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.”

“Allen & Heath is a leader in a niche market with an excellent track record of year-on-year growth,” said Charles Elkington, Investment Partner at Electra Partners. “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.”



Related Content:

Press Release: Electra Partners Announces the Acquisition of Allen & Heath

Electra Partners – Allen & Heath Investment Rationale


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