The DiGiCo team spent 18 months consulting with Electra Partners about the possible combination of both Allen & Heath and Calrec with the DiGiCo family. The culmination of this brings together three British console companies to create a new professional audio group, while retaining their unique skills, customer relationships, and the identities of each brand.
James Gordon will become Group CEO supported by a strong and talented management team from across the new group. “We have bold plans for the group but it is imperative that each company maintain its own independence and style. None of these brands needs to trade off each other’s technology or reputation. The strategy is to share technology and resources across the group and allow some interconnectivity across the product lines.”
The combined research and development teams are about to enter a new world of possibilities and the group intends to take full advantage of their resources, passion, and experience.
Glenn Rogers, MD of Allen & Heath, adds that the creation of the group with DiGiCo and their management is an impressive combination, and that it will add new momentum to what Allen & Heath and Calrec already had planned for the future.”
Henry Goodman, Calrec’s sales and marketing director, comments: “This formation gives Calrec new opportunities for swifter development of a host of ideas we have been wanting to bring to the market. We will have a vast pool of engineers to share new ideas for the industry and target them specifically to each brand’s needs. Customers can expect us to maintain, and in some areas improve, our very high levels of support and service.”
The complexity of this combination required the effort and support of two of London’s top Private Equity houses. For the first time, Electra Partners and ISIS have pooled resources to support the management of this ambitious vision for the future of UK pro audio.
“DiGiCo augments our existing investment in the professional audio sector. We have worked hard to bring together these three successful businesses. We look forward to working with Gordon and his team to grow the group, while also preserving the brand identity and customer relationships of each business,” concludes Charles Elkington, investment partner at Electra Partners.