Frank\u00adfurt a. Main \u2014 Ardian, one of the worl\u00add\u2019s leading inde\u00adpen\u00addent invest\u00adment firms, has sold its majo\u00adrity stake in Cubes Holding GmbH (\u201cd&b\u201d) to Provi\u00addence. Since 2016, Ardian has guided the company, which focu\u00adses on profes\u00adsio\u00adnal loud\u00adspea\u00adk\u00aders and audio systems for the event sector, and its manage\u00adment team led by CEO Amnon Harman on a dyna\u00admic path of strong orga\u00adnic growth and geogra\u00adphic expan\u00adsion. The manage\u00adment will again parti\u00adci\u00adpate in the tran\u00adsac\u00adtion and conti\u00adnue the successful deve\u00adlo\u00adp\u00adment of the company.<\/p>\n
Foun\u00added in 1981 and head\u00adquar\u00adte\u00adred in Back\u00adnang, Germany, d&b is one of the worl\u00add\u2019s leading provi\u00adders of profes\u00adsio\u00adnal audio tech\u00adno\u00adlogy and AVLM solu\u00adti\u00adons for unique multi\u00adsen\u00adsory expe\u00adri\u00aden\u00adces. d&b audio\u00adtech\u00adnik, the manu\u00adfac\u00adtu\u00adring divi\u00adsion of the company, is inter\u00adna\u00adtio\u00adnally reco\u00adgni\u00adzed as a leader in sound rein\u00adforce\u00adment systems in fixed and mobile appli\u00adca\u00adti\u00adons, and is also known for its design quality, service stan\u00addards, system inte\u00adgra\u00adtion prin\u00adci\u00adples, and pionee\u00adring tech\u00adno\u00adlo\u00adgi\u00adcal deve\u00adlo\u00adp\u00adments. d&b solu\u00adti\u00adons, the service-orien\u00adted busi\u00adness unit, offers compre\u00adhen\u00adsive and flexi\u00adble audio, video, light\u00ading and xR exper\u00adtise in the areas of system plan\u00adning, instal\u00adla\u00adtion and main\u00adten\u00adance as well as mana\u00adged services.<\/p>\n
With Ardian\u2019s support, d&b has excel\u00adled, achie\u00adving a double-digit compound annual growth rate (CAGR) since 2016, despite the tempo\u00adrary market down\u00adturn in the events sector caused by the COVID 19 pande\u00admic. The number of employees has tripled from around 350 to more than 1,000 since Ardian joined the company. Key to this successful momen\u00adtum were inno\u00adva\u00adtions, the expan\u00adsion of the product and solu\u00adti\u00adons port\u00adfo\u00adlio, and the deve\u00adlo\u00adp\u00adment of exis\u00adting and new markets, parti\u00adcu\u00adlarly in the Ameri\u00adcas and Asia-Paci\u00adfic regi\u00adons. The stra\u00adte\u00adgic deve\u00adlo\u00adp\u00adment of the company was driven by both orga\u00adnic growth and targe\u00adted acquisitions.<\/p>\n
\u201cThe global growth trend for events, concerts and large-scale events has contin\u00adued unch\u00adan\u00adged after a forced pause due to the COVID 19 pande\u00admic. This is accom\u00adpa\u00adnied by the incre\u00adasing profes\u00adsio\u00adna\u00adliza\u00adtion and digi\u00adtiza\u00adtion of these events and thus a growing demand for profes\u00adsio\u00adnal event tech\u00adno\u00adlo\u00adgies. As one of the worl\u00add\u2019s leading system provi\u00adders for audio tech\u00adno\u00adlogy and inte\u00adgra\u00adted audio, video, light\u00ading and media solu\u00adti\u00adons (AVLM) with a compre\u00adhen\u00adsive port\u00adfo\u00adlio of hard\u00adware and soft\u00adware tech\u00adno\u00adlo\u00adgies, we are excel\u00adlently posi\u00adtio\u00adned to gain further market share. Ardian has proven to be a relia\u00adble entre\u00adpre\u00adneu\u00adrial part\u00adner over the past years. Thanks to its unst\u00adin\u00adting support, parti\u00adcu\u00adlarly during the pande\u00admic, we were able to exploit this market crisis for inno\u00adva\u00adtion and emerge from it stron\u00adger than before. We look forward to conti\u00adnuing our successful course with Provi\u00addence and further expan\u00adding our global posi\u00adtion as a leader in profes\u00adsio\u00adnal audio tech\u00adno\u00adlogy and inte\u00adgra\u00adted AVLM solu\u00adti\u00adons,\u201d said Amnon Harman, CEO of D&B GROUP.<\/p>\n
\u201cWe would like to thank Amnon Harman and his team for their outstan\u00adding work, unwa\u00adve\u00adring commit\u00adment and, above all, the trust they have placed in us over the past years. d&b has an outstan\u00adding corpo\u00adrate culture that is embo\u00addied by each and every employee. All of this has been essen\u00adtial to the growth, but even more so to the stra\u00adte\u00adgic trans\u00adfor\u00adma\u00adtion and inter\u00adna\u00adtio\u00adnal posi\u00adtio\u00adning of the Group. We are proud to have accom\u00adpa\u00adnied this jour\u00adney toge\u00adther with the d&b team,\u201d explain Dr. Alex\u00adan\u00adder Fried\u00adrich, Mana\u00adging Direc\u00adtor at Ardian Buyout and Stefan Kappis, Direc\u00adtor at Ardian Buyout.<\/p>\n
\u201cOur invest\u00adment is a testa\u00adment to the high quality and exper\u00adtise of the d&b team, as well as the unique company culture that has allo\u00adwed d&b to set indus\u00adtry stan\u00addards and regu\u00adlarly exceed custo\u00admer expec\u00adta\u00adti\u00adons for over 40 years. d&b is the gold stan\u00addard in the indus\u00adtry for crea\u00adting memo\u00adrable expe\u00adri\u00aden\u00adces for audi\u00aden\u00adces because of its inno\u00adva\u00adtion, global presence, custo\u00admer rela\u00adti\u00adonships and long history of success,\u201d said Robert Sudo, Mana\u00adging Direc\u00adtor, Providence.<\/p>\n
The parties have agreed not to disc\u00adlose the finan\u00adcial details of the tran\u00adsac\u00adtion, which is still subject to appr\u00adoval by the rele\u00advant anti\u00adtrust authorities.<\/p>\n
Consul\u00adtant ARDIAN:<\/strong><\/p>\n Ardian: Dr. Alex\u00adan\u00adder Fried\u00adrich, Stefan Kappis, Chris\u00adtian Koch, Stefa\u00adnie Arndt<\/p>\n M&A: Macqua\u00adrie Capi\u00adtal<\/strong> (Florian Geiger \/ Sung-Duk Kim \/ Anthony Yous\u00adsafi) & Gold\u00adman Sachs<\/strong> (Tobias K\u00f6ster \/ Tibor Kossa \/ Fred\u00adrik Weege)<\/p>\n Legal: Milbank<\/strong> (Dr. Norbert Rieger \/ Dr. Matthias Schell \/ Dr. Thomas Ingenhoven)<\/p>\n Finan\u00adcial: PwC<\/strong> (Peter Gr\u00f6nin\u00adger \/ Daniel Haas)<\/p>\n Commer\u00adcial: McKin\u00adsey & Co.<\/strong> (Dr. Isabel Huber \/ Salva\u00addor Martinez)<\/p>\n ESG: Indefi<\/strong> Dr. Alex\u00adan\u00adder Fried\u00adrich, Mana\u00adging Direc\u00adtor at Ardian Buyout(Emmanuel Parmentier)<\/p>\n Consul\u00adtant PROVIDENCE:<\/p>\n Provi\u00addence: Andrew Tisdale, Robert Sudo, Daniel Zwicky<\/p>\n M&A: Alan\u00adtra<\/strong> (Wolf\u00adram Schmerl), UniCre\u00addit<\/strong> (Michal Leho\u00adcky, Marcel Kus)<\/p>\n Legal: White & Case<\/strong> (Dr. Stefan Koch), Allen & Overy<\/strong> Dr. Alex\u00adan\u00adder Fried\u00adrich, Mana\u00adging Direc\u00adtor at Ardian Buyout (Vanessa Xu)<\/p>\n Tax: EY<\/strong><\/p>\n About D&B<\/strong><\/p>\n The d&b Group is a provi\u00adder of profes\u00adsio\u00adnal audio tech\u00adno\u00adlogy and AVLM solu\u00adti\u00adons for unfor\u00adgettable multi\u00adsen\u00adsory expe\u00adri\u00aden\u00adces. d&b audio\u00adtech\u00adnik, the manu\u00adfac\u00adtu\u00adring divi\u00adsion of the company, is inter\u00adna\u00adtio\u00adnally reco\u00adgni\u00adzed as a leader in sound rein\u00adforce\u00adment systems in fixed and mobile appli\u00adca\u00adti\u00adons, and is also known for its design quality, service stan\u00addards, system inte\u00adgra\u00adtion prin\u00adci\u00adples, and ground\u00adbrea\u00adking tech\u00adno\u00adlo\u00adgi\u00adcal deve\u00adlo\u00adp\u00adments. d&b solu\u00adti\u00adons, the service-orien\u00adted busi\u00adness unit, offers compre\u00adhen\u00adsive and flexi\u00adble audio, video, light\u00ading and xR exper\u00adtise in the areas of system plan\u00adning, instal\u00adla\u00adtion and main\u00adten\u00adance as well as mana\u00adged services. About ARDIAN<\/strong><\/p>\n Ardian is a leading global inde\u00adpen\u00addent invest\u00adment firm. The company mana\u00adges or advi\u00adses on appro\u00adxi\u00adm\u00adately US$150 billion in assets for more than 1,400 inves\u00adtors world\u00adwide. Thanks to its exten\u00adsive exper\u00adtise in private equity, real assets and credit, Ardian offers a wide range of invest\u00adment oppor\u00adtu\u00adni\u00adties as well as custo\u00admi\u00adzed invest\u00adment solu\u00adti\u00adons \u2014 tail\u00ado\u00adred to inves\u00adtors\u2019 needs: Ardian Custo\u00admi\u00adzed Solu\u00adti\u00adons enables insti\u00adtu\u00adtio\u00adnal inves\u00adtors to access best-in-class mana\u00adgers across all asset clas\u00adses through a custo\u00admi\u00adzed port\u00adfo\u00adlio. Ardian Private Wealth Solu\u00adti\u00adons also offers a range of services speci\u00adfi\u00adcally geared to high net worth indi\u00advi\u00addu\u00adals. Ardian is parti\u00adally owned by its employees and places great empha\u00adsis on their deve\u00adlo\u00adp\u00adment, as well as a culture of colla\u00adbo\u00adra\u00adtion based on an active exch\u00adange of know\u00adledge and expe\u00adri\u00adence. The more than 1,050 employees at 16 office loca\u00adti\u00adons in Europe, North and South America, Asia and the Middle East, follow the prin\u00adci\u00adples of respon\u00adsi\u00adble inves\u00adt\u00ading. Ardian\u2019s mission is to make a posi\u00adtive contri\u00adbu\u00adtion to society through its invest\u00adments and to create value that lasts. Ardian aims to deli\u00adver excel\u00adlent returns in line with high ethi\u00adcal stan\u00addards and social respon\u00adsi\u00adbi\u00adlity. At Ardian, ever\u00adyone is dedi\u00adca\u00adted to buil\u00adding successful compa\u00adnies for the long term.<\/p>\n ardian.com<\/p>\n","protected":false},"excerpt":{"rendered":" Frank\u00adfurt a. Main \u2014 Ardian, one of the worl\u00add\u2019s leading inde\u00adpen\u00addent invest\u00adment firms, has sold its majo\u00adrity stake in Cubes Holding GmbH (\u201cd&b\u201d) to Provi\u00addence. Since 2016, Ardian has guided the company, which focu\u00adses on profes\u00adsio\u00adnal loud\u00adspea\u00adk\u00aders and audio systems for the event sector, and its manage\u00adment team led by CEO Amnon Harman on a [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":48983,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1365,1366,1368,1369,1372,1377],"tags":[],"class_list":["post-48987","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-private-equity-en","category-news-en","category-lawyers-tax-consultants-auditors","category-investors","category-consultant","category-corporate-finance-ma"],"yoast_head":"\n
\nSince the company was foun\u00added in 1981, d&b\u2019s head\u00adquar\u00adters have been loca\u00adted in Back\u00adnang, near Stutt\u00adgart. With loca\u00adti\u00adons in major cities around the world, the global d&b team numbers more than 1000 employees.
\nwww.dbgroup.de
\nwww.dbaudio.com
\nwww.dbsolutions.com<\/p>\n