International. Calrec Audio was acquired by Electra Partners. "When we made our initial investment in the professional audio sector, supporting the purchase of Allen & Heath, Electra provides all new financing to ensure flexibility regarding new acquisitions in the sector. The acquisition of Calrec shows the benefits of this approach, and both companies are in a good position to accelerate growth as a result," said Alex Fortescue, Electra Partners' principal investment partner.
Celebrating its 50th anniversary this year, Calrec Audio is dedicated exclusively to mixing audio for live production. During these years, it has developed a range of digital consoles invoked by the most successful chains in the world.
"We are excited to be working with Electra Partners as we continue to develop our business in more international markets. Calrec has experienced rapid growth in recent 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," said Roger Henderson, CEO of Calrec.
Charles Elkington, Investment Partner at Electra Partners, said: "We are delighted to have financed the acquisition of Calrec. Part of our investment strategy in the professional audio sector is to acquire additional companies to create a group of market-leading professional audio brands. We look forward to working with Roger Henderson and his team to continue investing in new product development for Calrec customers."
Leave your comment