Quote mark

Our success to date has been underpinned by providing equipment of the utmost quality to help deliver an unforgettable listening experience to people across the globe. Being a trusted brand and operating in a growing market means the time is right for us to fast-track the growth of the business."

Dom Harter, Managing Director
Martin Audio

“The next phase of our journey needs a growth-focused partner like LDC and the team has demonstrated a shared vision for the business from the outset. Our focus is now on developing our product line even further, and ensuring we have a rock-solid infrastructure in place to extend our global reach and drive market share.”

Troy Harris-Speid, investment director at LDC in London, added: “Martin Audio has been on a fascinating growth journey since Dom joined. The business has a world class brand, history of innovative products and a management team with the ambition to build on a solid foundation to accelerate its expansion.

“Our investment and support will provide a step change for the business, injecting capital into key growth areas and bringing on board additional expertise to help guide its strategy.”

As part of the deal, LDC investment directors Troy Harris-Speid and Philip Weston will join the board, alongside James Browning who will join as non-executive director.

The investment marks a busy few months for LDC’s team in London, having invested £28m in Right Choice Insurance Brokers and £13m in gifting specialist Paladone, as well as delivering strong returns on the £95m sale of Capital Economics and a 3.5x money multiple on PEI Media.

LDC was advised by Stuart Williams at James Cowper Kreston, Shaun Browne and Mark Dufilho at Houlihan Lokey.

Martin Audio management were advised by Martyn Pilley from Cattaneo Corporate Finance with legal advice from Tom Fitzpatrick of Womble Bond Dickinson.