Lincoln International is to conduct a strategic review of Martin Audio with a view to finding private equity backing to take the UK loudspeaker innovator into the next phase of its development.
The appointment has been made by holding company Loud Technologies, to secure an investment partner to assist with the growth strategy and objectives of the business.
Following the introduction of its MLA system in 2010, sales at the leading UK designer and manufacturer of pro loudspeaker systems have grown by more than 40 per cent in the past 12 months, driven by growing demand for its products in new markets – particularly in the Asia-Pacific region – despite the current global economic position.
With more than 90 per cent of its business in exports to China, North America, Europe and the Middle East, Martin Audio’s MLA loudspeaker systems have been used at events such as Glastonbury Abbey with Kathryn Jenkins, HMV Hammersmith Apollo with Chris Rea, Royal Albert Hall and the Tokyo Dome. The company also has a wide range of speakers used in venues ranging from cinemas, theatres and churches.
More: www.martin-audio.com
