Calrec Audio is again partnered with Allen & Heath following its acquisition by Electra Partners.
‘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 in respect of further acquisitions in the sector. ‘The acquisition of Calrec shows the benefits of this approach and both companies are well placed to accelerate growth as a result.’
Electra acquired Allen & Heath during 2013: ‘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,’ explains Electra Partners’ Charles Elkington. ‘We look forward to working with Roger Henderson and his team to continue to invest in developing new products for Calrec’s customers.’
‘Calrec has experienced rapid growth over the last few years. We have a very healthy product portfolio and we look forward to working alongside Electra Partners as we continue to break new technological boundaries,’ says Calrec MD, Roger Henderson.
More: www.calrec.com
