News, Newsletter

Audiotonix Reaches Agreement For Next-Stage Investment From Ardian

Audiotonix has announced that it has reached an agreement for a next-stage investment from Ardian, a private investment house. Ardian manages assets in excess of $90 billion across Europe, the Americas and Asia.

According to James Gordon, Audiotonix’s CEO, “This is an…opportunity to partner with Ardian to enable further growth, and it represents a significant step in the future development of Audiotonix. We have built an incredible infrastructure within the group in the past five years, which has clearly benefited all our brands with manufacturing know-how, developing new technologies and growing their worldwide reach. Ardian’s financial support and advice, combined with Astorg’s, who are also remaining as an investor for this next phase, will help expand our brands and product portfolio even further.”

Olivier Personnaz, Managing Director, Ardian Buyout, commented, “How people enjoy live, televised and streamed entertainment is going through a revolution. The world’s top acts, performers, broadcasters and supporting creative industries want to give audiences the very best experience. Events, music and media content are becoming more immersive, embracing new technology and relying even more on great sound. That’s why we are excited about how this new partnership will help Audiotonix differentiate itself even further through the…quality of its audio technology and service to customers. The highly experienced management team are well placed to grow the scope and reach of the business, delivering outstanding audio experiences to more and more people worldwide.”

Since its initial formation with pro-audio brands Allen & Heath, Calrec and DiGiCo in 2014, Audiotonix has seen expansion of its business and portfolio with further acquisitions. In 2017, the group integrated US importer and distributor Group One Ltd., and, in December of that year, it purchased studio-console brand Solid State Logic. In December 2018, DiGiCo announced the acquisition of KLANG:technologies, prominent in immersive sound technology and personal in-ear monitoring solutions.

Sound & Communications
Previous ArticleNext Article

Send this to friend