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https://www.panoramaaudiovisual.com/en/2023/07/20/fondo-inversiones-providence-control-db-group/

d&b - Providence - Acquisition - Compra - Adquirida - Equipo directivo

d&b Group, specialist in professional audio systems and provider of AVLM solutions, has been acquired by Providence, a leading private equity firm focused on growth-oriented investments in media, training, communications and technology.

With the support of Providence, d&b prevé potenciar su “posición líder” en el mercado mundial de audio profesional al tiempo que profundiza la integración de sus prestaciones en el sector de las soluciones audiovisuales, de iluminación y multimedia (AVLM). Providence, que cuenta con un extenso historial de inversiones en empresas especializadas en tecnología, ofrecerá al equipo directivo de d&b una participation in the company, which seeks to guarantee “long-term strategic and leadership continuity.” The parties have agreed do not disclose transaction details, and its formalization is subject to approval by the relevant antitrust authorities.

d&b, founded in 1981, is headquartered in Backnang (Germany) and brings together the brands d&b audiotechnik y d&b solutions. Desde la adquisición de la compañía en 2016 por la empresa de capital privado Ardian, anterior propietario de d&b, las sales have tripled. The number of employees has also increased from 350 in 2016 to an international team of more than 1,000 people with offices in several cities.

d&b - Providence - Acquisition - Compra - Adquirida - Equipo directivoThis is how you value the operation Amnon Harman, CEO of d&b Group: "The international growth trend of events, concerts and large shows has continued unchanged after the forced interruption by the Covid-19 pandemic. This is accompanied by the increasing professionalization and digitalization of these events and, therefore, a growing need for professional event technologies. As one of the world's leading system providers in audio technology and integration of audio, video, lighting and multimedia (AVLM) solutions with a full range of hardware and software technologies, we are perfectly placed to capture more market share. Ardian has proven to be a trusted business partner in recent years. Thanks to their unwavering support, especially during the pandemic, we have been able to innovate during this period of crisis and emerge stronger. We look forward to continuing our successful journey with Providence and consolidating our position as a leader in professional audio and integrated AVLM solutions.

At the prospect of Providence is contributed by Robert Sudo, su director general: “d&b ostenta las señas de identidad de una inversión clásica de Providence: es una empresa centrada en la innovación con un liderazgo claro en el mercado y clientes fieles. El entusiasta equipo de d&b ha aportado mejoras y ha definido estándares del sector y ha superado las expectativas del cliente durante las últimos cuatro décadas. Creemos que d&b continuará en su trayectoria de crecimiento ofreciendo experiencias espectaculares a públicos de todo el mundo. Con nuestro sólido historial contrastado de éxitos en inversiones de espectáculos en directo y empresas tecnológicas, estamos convencidos de que Providence es el partner perfecto para apoyar a d&b y tenemos muchas ganas de trabajar con Amnon Harman y su equipo de gran talento para materializar nuestra visión compartida de negocio”.

By, Jul 20, 2023, Section:Audio, Business

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