Electra Partners is pleased to announce its investment in professional audio mixing console manufacturer DiGiCo.
This transaction complements the products sold under Electra’s existing brands, Allen & Heath and Calrec. The three British console companies will create a new professional audio group while still retaining the unique skills, customer relationships and identities of each brand.
DiGiCo’s CEO, James Gordon, steps up to the new role of group CEO and will work alongside Malcolm Miller, the current Chairman of Allen & Heath and Calrec, who now becomes Chairman for the group.
“I am very excited to be leading this group of great companies and brands,” explains Gordon. “These are three great companies and all the brands currently in the group have enviable reputations for technology, audio quality, reliability and perhaps, most importantly, customer focus and care.
“The strategy is to share technology and resources across the group and allow some interconnectivity across the product lines. Each company will maintain its own independence and style.”
Glenn Rogers, managing director of Allen & Heath, adds, “The creation of the group with DiGiCo and their management is an impressive combination. It will certainly add new momentum to what Allen & Heath and Calrec had already planned for the future.”
Charles Elkington, investment partner at Electra Partners, said, “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.”
Allen & Heath