trending Market Intelligence /marketintelligence/en/news-insights/trending/7OfbFsCK7I6c-TY69__68g2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Ardian to acquire Audiotonix from Astorg; previous owners to re-invest

Blog

Banking Essentials Newsletter - February Edition, Part 2

Podcasts

StreetTalk – Episode 74: Investor sees legs in strong credit performance, US bank stock rally

Blog

Street Talk – Episode 74: Investor sees legs in strong credit performance, US bank stock rally

Blog

The Evolution of ESG Factors in Credit Risk Assessment: Environmental Issues


Ardian to acquire Audiotonix from Astorg; previous owners to re-invest

Private equity firm Ardian agreed to acquire U.K.-based audio mixing consoles provider Audiotonix Ltd. through a share buyout from fellow private equity firm Astorg Partners. The target company's management and previous majority shareholder Astorg will re-invest as part of the deal.

The transaction is set to close in the first quarter of 2020, subject to customary regulatory approvals.

The acquisition and re-investment will help Audiotonix expand its brands and product portfolio.

McKinsey & Co. and KPMG advised Ardian on commercial due diligence and financial due diligence, respectively. Allen & Overy was legal adviser.