Announced
Financials
Sources
Tags
musical instruments
Diversified Retailers
Private
Single Bidder
audio equipment
Pending
Minority
Friendly
Mbo
United Kingdom
Acquisition
Private Equity
Synopsis
YFM Equity Partners agreed to invest in the MBO of Professional Music Technology, a UK multi-channel retailer of musical instrument and professional audio products. Financial terms were not disclosed. “The founders have done a great job in building a market leading business in a growing niche. We are bucking the wider high street trend with the plan to open new physical stores but see huge opportunity to continue the impressive growth to date by doing this alongside investing in the existing online presence,”Jamie Roberts of YFM.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.