HEBDEN BRIDGE, U.K. — Calrec Audio , the well-known manufacturer of high-end audio consiles, was recently acquired by U.K.-based Electra Partners. With this transaction, Calrec will become a sister company to Allen & Heath, which Electra acquired last year.
“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.”
Celebrating its 50th anniversary this year, Calrec Audio is highly regarded for its audio mixers used for on-air and live production. Over the past 50 years, Calrec negotiated the technology change from analog to digital audio and remains a popular source for high-end broadcast and other demanding applications.
“We are excited to be working with Electra Partners as we continue to develop our business into more international markets,” said Calrec Managing Director Roger Henderson. “Calrec has experienced rapid growth over the past few years. We have a very healthy product portfolio, and we look forward to working alongside Electra Partners as we continue to break new technological boundaries.”