Marshall Boosts Growth with HSG as Major Shareholder
Deal News | Jan 24, 2025 | PR Newswire Cision Marshall Group
Marshall Group, a renowned name in audio technology and music heritage, has reached a definitive agreement with HSG, a leading private equity firm, where HSG will acquire a majority stake in Marshall Group. The deal values Marshall Group at 1.1 billion EUR and marks a significant milestone as the company aims to accelerate its global growth and innovation. The Marshall family will retain a significant stake and continue to play an integral role in the company's future. HSG intends to leverage its expertise in digital channels and supply chain optimization to expand Marshall's reach and product offerings. This transaction builds on HSG's investment history in Europe and is characterized as their most substantial commitment in the region. With the financial backing and strategic support from HSG, Marshall Group aims to continue innovating and expanding its market presence as a leading name in music culture.
Sectors
- Audio Technology
- Private Equity
Geography
- Europe – The transaction is noted as HSG's largest investment in Europe, indicating significant geographic relevance.
- United Kingdom – Marshall Group is based out of London, representing a core area of activity and heritage.
- Sweden – Mentioned in association with the announcement location alongside London.
Industry
- Audio Technology – The primary industry of focus, as Marshall Group is an iconic brand within the audio equipment and technology sector known for its innovation and premium sound quality.
- Private Equity – Involves HSG, a venture capital and private equity firm, in acquiring a majority stake in Marshall Group as part of its investment strategy.
Financials
- 1.1 billion EUR – The valuation placed on Marshall Group as part of the acquisition agreement by HSG.
- 400M EUR – Marshall Group's reported revenue for 2024, indicating significant growth since 2020.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Marshall Group | Target Company | Company | An iconic audio technology and design company known for its superior sound equipment and deep-rooted music heritage. |
| HSG | Bidding Company | Company | A major venture capital and private equity firm acquiring a majority stake in Marshall Group to drive further growth and innovation. |
| Terry Marshall | Board Member | Person | One of the founding figures of Marshall Group, continuing to play an integral role in its governance and strategic direction. |
| Steve Jia | Partner at HSG | Person | Involved in strategic planning and execution of the investment partnership with Marshall Group. |
| Taro Niggemann | Managing Director for Europe at HSG | Person | Overseeing the regional operations and strategy for HSG's involvement with Marshall Group. |
| Jeremy de Maillard | CEO of Marshall Group | Person | Chief Executive Officer leading the overall strategic vision and growth trajectory for Marshall Group. |
| Martin Axhamre | CFO & Deputy CEO of Marshall Group | Person | Responsible for financial management and collaborating on long-term investment strategies for Marshall Group. |
| Altor | Selling Shareholder | Company | One of the major shareholders involved in selling their stake in Marshall Group as part of the transaction. |
| Telia Company | Selling Shareholder | Company | Involved in selling its stake in the Marshall Group transaction. |
| Time for Growth | Selling Shareholder | Company | Shareholder selling its equity stake in the Marshall Group to HSG. |
| Zenith VC | Selling Shareholder | Company | A venture capital firm that is part of the group selling its shares in Marshall Group. |