Allen & Heath sold to private equity investment firm
Electra Partners has acquired audio mixing console manufacturer Allen & Heath from D&M Holdings in a £43 million (€50m) deal.
Allen & Heath says that its existing team and distribution will remain in place but will benefit from further investment targeted at product development, marketing and distribution.
Glenn Rogers, managing director at Allen & Heath, said: "We are very excited about working with Electra Partners and the opportunities it presents for the next phase of Allen & Heath’s growth.
“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."