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New Deal


Announced

Providence Equity to acquire a majority stake in d&b Audiotechnik from Ardian.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Electronic Equipment: Other

electronic equipment

speakers

amplifiers

Germany

Acquisition

Cross Border

Private

Majority

Private Equity

Pending

Friendly

Single Bidder

Synopsis

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Providence Equity, a private equity firm, agreed to acquire a majority stake in d&b Audiotechnik, a loudspeaker and amplifier manufacturer, from Ardian, a private equity firm. Financial terms were not disclosed. "The needs of customers in live entertainment are becoming ever more complex, which has expanded d&b's addressable opportunities. We were impressed by d&b's passionate management team and, with Providence's resources and network, we are committed to supporting d&b's strategic plan," Andrew Tisdale, Providence Senior MD.

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