Martin Audio
Sector |
Business Services |
|---|---|
Status |
Realised |
Deal Type |
Management Buy-out (MBO) |
Designs, manufactures and distributes loud-speaker systems for the touring and installed markets (such as theatres, stadia, cinemas, bars and nightclubs) on a worldwide basis.
ISIS funded an MBO from Martin Audio's corporate parent in 2003. The business consistently grew profitably, exceeding the shareholders' objectives until its sale to US-based LOUD Technologies in April 2007, for £17.25m.
"Our partnership with ISIS has been a great success and has assisted the Martin Audio team in over-achieving the objectives that we set ourselves at the time of the buy out."
David Bissett-Powell, CEO, 2007
Timeline:
2003 ISIS funds MBO
2007 Loud Technologies acquires business