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Audiotonix

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Digital mixing console manufacturer

DiGiCo is a fast-growing, technology-led business that designs and manufactures digital mixing consoles that are sold globally into the live music market, theatres, houses of worship and corporate market. The business was originally formed in 1971, and in 1996 released its first digital console. Since 2007 its market leading SD series of consoles have helped propel growth in new markets and geographies. 

 

Sounding out growth opportunities

  • Between 2011 and 2014 the senior management team was strengthened with new hires in operations and sales  
  • During the investment period DiGiCo cemented its leading market position and became a highly attractive merger target, leading to a partial realisation through the private equity backed merger of DiGiCo, Allen & Heath and Calrec to create Audiotonix. Adam Holloway, partner at Livingbridge, said, “Our investment in DiGiCo has been an excellent one and we are delighted to support the combination of three UK console businesses. This was a complex deal to pull off but we all shared the same vision from the start. The brands will each benefit from accessing an unrivalled pool of R&D resource and technology know-how. We look forward to the next phase of our investment and working alongside the team.”
  • Following the merger to create Audiotonix the executive team was strengthened with the appointment of a new chairman, chief technology officer and group COO.

 

Timeline 

1971

DiGiCo formed

1996

DiGiCo releases first digital console

2007

Launch of market-leading SD series of consoles 

2011

Livingbridge invests in a management buyout to support continued penetration of new markets and investment in R&D

2011

DiGiCo wins the Queen’s Award for Enterprise – International Trade

2014

Partial exit with sale to Electra Partners combining DiGiCo with Allen & Heath and Calrec, with the group renamed Audiotonix

2015

Chief technology officer, new chairman and operations director join the combined group executive team