LOUD Technologies has appointed Lincoln International to conduct a strategic review of its UK-based division, Martin Audio, with a view to finding private equity backing to support Martin Audio into the next phase of its development plan.
Following the introduction of its MLA system in 2010, sales at the company have grown over 40 per cent in the past 12 months, driven by growing demand for its products in new markets — particularly in the Asia Pacific region — despite the current global economic position.
Martin Audio’s MLA loudspeaker systems have been used at events such as Glastonbury Abbey with Kathryn Jenkins, HMV Hammersmith Apollo with Chris Rea, Royal Albert Hall and The Tokyo Dome to name but a few. It raises audio performance to a new level, giving engineers new tools to consistently deliver greatly improved sonic quality, seamless coverage and control.
Martin Audio also has a wide range of speakers used in an array of venues including cinemas, theatres and churches, benefiting from its engineering and acoustic excellence.
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