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Martin Audio MBO Gets $15.7 Million Boost from LDC

HIGH WYCOMBE, U.K. — LDC, the private equity arm of Lloyds Banking Group, has backed the management buyout of Martin Audio from Loud Audio with a £12m ($15.74 million) investment. LDC will hold a significant stake in the company along with its current management team led by managing director Dom Harter (pictured here).

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