DiGiCo (now Audiotonix) is a fast-growing, global technology-led business that designs and manufactures digital mixing consoles that are sold into the live music market, theatres, houses of worship and corporate market. DiGiCo was originally founded 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, sales and research and R&D.
During the investment period DiGiCo cemented its leading market position and became a highly attractive target, leading to a partial realisation through the private equity backed merger of DiGiCo, Allen & Heath and Calrec to create Audiotonix. The brands each benefited from accessing an unrivalled pool of R&D resource and technology know-how.
Following the merger to create Audiotonix the executive team was strengthened with the appointment of a new chairman, chief technology officer and group COO.
The merged group grew strongly to be the global leader in audio mixing and it was sold to a European private equity firm in 2017.
Adam Holloway from Livingbridge said at exit: “We have known James Gordon and the DiGiCo team for 7 years and it has been brilliant to see the business grow organically and through the creation of Audiotonix into the global leader in audio mixing consoles. The group has leading technology and is passionate about its products, customers and end users. We wish them every future success.”
“Adam and the Livingbridge team have played such an important part of the company’s growth and development. They helped us to expand the management team and put in place the strategy that resulted in us completing the merger to create Audiotonix. We will always be grateful for their commitment in supporting our aspirations.”
James Gordon, CEO of Audiotonix
DiGiCo releases first digital console
Launch of market-leading SD series of consoles
Livingbridge invest in a management buyout to support continued penetration of new markets and investment in R&D
DiGiCo wins the Queen’s Award for Enterprise – International Trade
Partial exit with sale to Electra Partners combining DiGiCo with Allen & Heath and Calrec, with the group renamed Audiotonix
Chief technology officer, new chairman and operations director join the combined group executive team
Successful sale to a European private equity firm