Console manufacturer Calrec has been acquired by private equity firm Electra Partners for £14m.
Electra said that Calrec will now become a sister company to Allen & Heath, another console manufacturer which it acquired last year.
Electra Partners chief investment partner Alex Fortescue said: “The acquisition of Calrec now shows the benefits of this approach and both companies are well placed to accelerate growth as a result.”
Established in 1964, Calrec designs and manufactures audio mixing consoles for TV and radio.
Its clients include the BBC, Sky and Al Jazeera.