Sanad Abu Dhabi completed the acquisition of a minority stake in Steinway Musical Instruments.

Synopsis

Sanad Abu Dhabi, a privately-held, single-family office that owns and operates assets in the Emirates, completed the acquisition of a minority stake in Steinway Musical Instruments, a musical instrument manufacturing and marketing company. Financial terms were not disclosed.

Principals

target

Steinway Musical Instruments

bidder

Sanad Abu Dhabi

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Market Context

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Seller Team (3)

edmond r. parhami

Partner at Latham & Watkins

Lawyer

target

Deals

£ 23.26 B

Total Value

ben steiner

CEO at STEINWAY MUSICAL INSTRUMENTS

Manager

target

Deal

n/a

Total Value

maia moutopoulos

CFO at STEINWAY MUSICAL INSTRUMENTS

Manager

target

Deal

n/a

Total Value

Bidder Team (1)

anirudh anjakulath

CEO at SANAD ABU DHABI

Manager

bidder

Deal

n/a

Total Value

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