DiGiCo has reportedly been putting together a deal for the past 18 months to bring Allen & Heath and Calrec under the DiGiCo umbrella. The culmination of this effort by Electra Partners brings together three British console companies to create a new professional audio group, while retaining their unique skills, customer relationships and the identities of each brand. James Gordon will become Group CEO supported by a strong and talented management from across the three concerns.
“We have bold plans for the group but it is imperative that each company maintains its own independence and style. None of these brands needs to trade off each other’s technology or reputation. The strategy is to share technology and resource across the group and allow some interconnectivity across the product lines. The combined R&D teams are about to enter a new world of possibilities and we intend to take full advantage of their resource, passion and experience. It’s an amazing opportunity for us, and just maybe the whole British Pro Audio industry,” revealed Gordon.
The complexity of this combination required the effort and support of two of London’s top Private Equity houses. For the first time, Electra Partners and ISIS have pooled resources to support the management with this ambitious vision for the future of UK Pro Audio. Charles Elkington, Investment Partner at Electra Partners, declared, “DiGiCo augments our existing investment in the professional audio sector. We have worked hard over the last 18 months to bring together these three successful businesses. We look forward to working with James Gordon and his team to grow the group, while also preserving the distinctive brand identity and excellent customer relationships of each business.”