HIGH WYCOMBE, U.K. — LOUD Technologies Inc. has hired Lincoln International to conduct a strategic review of its Martin Audio subsidiary, based here. The company said it is looking for private equity backing to support Martin Audio in the next phase of its development.
More details from LOUD Technologies and Martin Audio (www.martin-audio.com):
Following the introduction of its award-winning MLA system in 2010, sales at Martin Audio have grown over 40% in the past 12 months, driven by growing demand in new markets — particularly in the Asia Pacific region — despite the current global economic position. More than 90% of Martin Audio’s sales are for products exported to China, North America, Europe and the Middle East.
Martin Audio’s MLA loudspeaker systems have been used at events such as Glastonbury Abbey with Kathryn Jenkins, HMV Hammersmith Apollo with Chris Rea, Royal Albert Hall and The Tokyo Dome, to name but a few. Its products are touted for their ability to raise audio performance to a new level, giving engineers new tools to consistently deliver greatly improved sonic quality, seamless coverage and control.
Martin Audio also has a wide range of speakers used in an array of venues including cinemas, theatres and churches.
