HIGH WYCOMBE-BASED audio interface specialist Focusrite plc has acquired professional live sound manufacturer Martin Audio, also based in the town, which developed the MLA system and works for clients including BST Hyde Park (cap. 65,000), SW4 (20,000) and Fat Boy Slim.
Focusrite owns the ADAM Audio, Novation and Ampify Music brands.
“Martin Audio is a close neighbour to Focusrite Audio Engineering,” says Focusrite founder and chairman Phil Dudderidge. “Their current management recognised that Focusrite plc was the obvious trade candidate to acquire the business from its private equity structure.
“The acquisition of Martin Audio is a strong demonstration of our strategic aim to expand into new markets. Martin Audio is also an established brand with solid financials that instantly add value.”
Martin Audio MD Dominic Harter, who continues to lead the company under the new deal, says, “Our continued success has been down to a clear, well-executed strategy with over 60 new products over the last four years and double-digit growth each year. In Focusrite we have an industry neighbour of the finest pedigree.”