Focusrite strengthens its portfolio of brands with the purchase of Martin Audio

The multinational Focusrite, which features adam audio brands, Novation and Ampify Music, now acquires Martin Audio and its associated companies.

Focusrite today announced the acquisition of the manufacturer of high-performance audio systems for installations and live Martin Audio, based in Buckinghamshire (United Kingdom); a purchase that follows that of Berlin-based studio speaker maker, Adam Audio.

The founder and president of Focusrite, Phil Dudderidge, pointed out that “I've known Martin Audio since its inception in Covent Garden at 1971. The founder, Dave Martin, and I became very close friends in 1989, when I was his advisor and non-executive chairman for a year or so, while preparing the company to sell to Tannoy Goodman International (TGI) in 1990”.

In addition, Dudderidge continues, “Martin Audio is a close neighbour of Focusrite Audio Engineering in High Wycombe, and its current management recognized that Focusrite was the obvious commercial candidate to acquire the business from its private equity ownership and management structure.. My conviction regarding the outstanding performance of the Martin MLA system was consolidated in the concerts of BST Hyde Park in recent years., in particular with those of Tom Petty in 2017 and Eric Clapton in 2018”.

Focusrite criteria for acquisitions remain strict and specific, as Tim Carroll, CEO of Focusrite, Says: “The acquisition of Martin Audio is a strong demonstration of our strategic objective to expand into new markets. It is also an established brand, with strong finances that instantly add value. But most importantly, they are culturally aligned with a clear role to play in our narrative development.”.

In this sense, This manager stresses that “Focusrite Group is, first of all, A professional music technology company, focused on enriching lives through music, Removing barriers to creativity; From that first spark of musical inspiration, to the delivery of an emotionally charged performance on stage. Martin Audio completes that journey, Uniting the audience by creating the best live sound experience. In addition, Share our passion for innovation and as music and sound enthusiasts. That we are a stone's throw away will only help us come together to achieve our common goal.”.

According to the official statement, Martin Audio will continue to operate from its headquarters and factory in High Wycombe (England), under the leadership of CEO Dominic Harter.

“Martin Audio has been uniting audiences through great sound for nearly five decades. Our continued success has been due to a clear and well-executed strategy., with over sixty new products launched in the last four years and double-digit growth every year. At Focusrite we have an industry neighbour with the best pedigree; A global leader in its own right. Their culture reflects ours and, Getting to know the team, I feel a strong similarity to the deeply held values of our own Martin Audio family.”, Harter said..

For this manager, “Focusrite is the perfect partner to help Martin Audio continue the innovations that have driven its success. With great pride and enthusiasm we take the next step; a momentous occasion as the Martin Audio brand enters its 50th anniversary”.

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