Audiotonix sold to European equity firm
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Epiris formed Audiotonix after acquiring Allen & Heath for £42m in 2013 and combining it with Calrec and DiGiCo, which it bought a year later. The enlarged group, led by chief executive James Gordon has quadrupled earnings in four years.
Epiris partner Charles Elkington said, “This has been a fantastic deal for Epiris and its investors.”
A statement from Audiotonix says, “AudiotAudiotonix is delighted to announce Astorg’s investment into the group. Astorg is a European private equity firm with total funds under management of over €4 billion, that actively seeks to partner with market leading companies lead by e