Martin Audio Announces Management Buyout

Aug 15, 2003 12:00 PM, Editors


Education Guide

Mix is gearing up to present its longstanding annual Audio Education Guide in its November 2014 issue. Want to have your school listed in the directory, or do you need to update your current directory listing? Add an image, program description, or a logo to your listing! Get your school in the Mix Education Guide 2014.

The directors of Martin Audio and TC Group announce that on August 13, 2003, the management team of Martin Audio purchased the company from the TC Group. The management buyout was supported by ISIS Equity Partners plc and The Royal Bank of Scotland.

David Bissett-Powell, managing director of Martin Audio, stated: “The management of Martin Audio has long aspired to independence and are pleased that under the TC Group, we have had the opportunity to attain this goal. Having established strong links within the group, we will continue to work closely with Lab Gruppen and other group companies and expect new co-operation with TC Applied Technologies regarding digital power, processing and networking.”

The CEO of TC Group, Anders Fauerskov, said, “Since the acquisition of TGI plc by TC Martin Audio has been a well-managed and strong performer, we wish the management all the best in the future. We expect the TC Group and Martin Audio will continue working closely together on products and technologies.”

Following the transaction, TC Group will consist of Tannoy, Lab Gruppen, Goodmans Loudspeakers, TC Electronic, TC Works, TC Applied Technologies and TC Helicon.

For more, visit Martin Audio online at

Acceptable Use Policy
blog comments powered by Disqus

Mix Books

Modern Recording and Mixing

This 2-DVD set will show you how the best in the music industry set up a studio to make world-class records. Regardless of what gear you are using, the information you'll find here will allow you to take advantage of decades of expert knowledge. Order now $39.95

Mastering Cubase 4

Electronic Musician magazine and Thomson Course Technology PTR have joined forces again to create the second volume in their Personal Studio Series, Mastering Steinberg's Cubase(tm). Edited and produced by the staff of Electronic Musician, this special issue is not only a must-read for users of Cubase(tm) software, but it also delivers essential information for anyone recording/producing music in a personal-studio. Order now $12.95



Delivered straight to your inbox every other week, MixLine takes you straight into the studio, with new product announcements, industry news, upcoming events, recent recording/post projects and much more. Click here to read the latest edition; sign up here.

MixLine Live

Delivered straight to your inbox every other week, MixLine Live takes you on the road with today's hottest tours, new sound reinforcement professional products, recent installs, industry news and much more. Click here to read the latest edition; sign up here.

[an error occurred while processing this directive]

The Wire, a virtual press conference offering postings of the latest gear and music news, direct from the source. Visit the The Wire for the latest press postings.