Calrec Audio acquired by Electra Partners
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"When we made our initial investment in the professional audio sector by supporting the buyout of Allen & Heath, Electra provided all of the new financing to ensure flexibility with respect to further acquisitions in the sector," said Alex Fortescue, chief investment partner of Electra Partners. "The acquisition of Calrec shows the benefits of this approach, and both companies are well-placed to accelerate growth as a result."
"We are delighted to have funded the acquisition of Calrec," said Charles Elkington, investment partner of Electra Partners. "Part of our investment strategy in the p