International law firm Taylor Wessing's Private Equity Group has advised Electra Partners on the acquisition of mixing console manufacturer, Allen & Heath, from D&M Holdings. £43 million of equity and debt was provided by Electra Private Equity PLC and Allen & Heath’s management.

Founded in 1969, Allen & Heath designs and manufactures audio mixing consoles for live sound, such as concerts, theatres and houses of worship. With an experienced management team and an extensive global distribution network, the company holds a leading market position and has consistently achieved strong revenue growth for over twenty years. Allen & Heath’s existing team and distribution networks will remain in place.

Martin Winter, Private Equity partner at Taylor Wessing said "The legal team on a buy-out is only as good as its weakest link, given the wide number of disciplines that need to be brought to bear in short timescales. The Taylor Wessing team, across a very wide board involving nine different practice groups within the firm, demonstrated cast iron strength and commitment to get the transaction over the line in an orderly manner, against the usual tight deadline."

Nick Hazell, Head of Private Equity at Taylor Wessing, added "This deal is an example of our transactional PE team working together with our market-leading technology specialists to deliver focused and sector-specific legal advice to our client."

Martin Winter and Nick Hazell led the corporate team along with associates Kate Singer, Jonny Bethell and Lowri Hardcastle. Debt finance advice was provided by Ross Caldwell, Lerika Joubert and Gabriel Estevez; Richard Carson and James Stewart advised on tax; Patrick Clark, Andrew Dentice and Adam Rendle advised on technology and intellectual property aspects; Emma Zarb and Declan Bradley provided employment input; and Emma Oakley led on real estate.

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