Current Issue : July-August 2024
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Articles July-August 2024

11 Questions with Christine Schyvinck New!

CEO of Shure, reflects on her 35-year journey with the company and discusses her vision for the audio technology giant. read more

Canara Lighting Completes Landmark Installation at India International Convention & Exhibition Centre (IICC), Yashobhoomi New!

Canara Lighting successfully completed a significant project at the India International Convention & Exhibition Centre (IICC), Yashobhoomi, in Dwarka, New Delhi. read more

Celebrating 22 Years of Innovation and Industry Leadership in India's Live Events Sector New!

The 22nd edition of PALM Expo, held from May 30 to June 1, 2024, at the Bombay Exhibition Centre in Mumbai, saw a record-breaking 25,510 unique visitors and was a massive success. Spanning 30,000 sqm, the expo showcased the latest in live events, media, and entertainment technology, with electrifying performances and cutting-edge industry insights. read more

Articles May-June 2024

Witness A Three-Day Colloquium of Technical Genuis New!

PALM Conference Program 2024 to accelerate knowledge transfer, crystallize networking opportunities, and drive insight-laden conversations. read more

Habit (The Bright Spark - Column) New!

In his newest guest column, Viraf Pocha reveals how a small habit, inculcated with discipline, can go a long way in forging an iron-clad career in the events industry. read more

PALM Sound and Light + AV-ICN Excellence Awards 2024 New!

Honouring one-of-a-kind pro audio, lighting, and audiovisual talent in innovation, manufacturing, and distribution in India. read more


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Audiotonix Secures Investment For Future Expansion In Professional Audio



Audiotonix secures landmark investment from PAI Partners to expand in professional audio

Audiotonix, one of the global market leaders in professional audio mixing consoles, production software, and ancillary solutions, announced it has reached an agreement for a next stage investment from PAI Partners, a pre-eminent private equity firm.

The new investment follows a successful partnership with global investment house Ardian that has seen Audiotonix further enhance its significant presence in live events, professional audio creation, commercial installation, TV and film production, and broadcast markets. Ardian will maintain a minority stake in Audiotonix via re-investment as part of this transaction.

"I would like to thank Ardian for the confidence and their solid support of Audiotonix, and all our brands since their investment in March 2020," states James Gordon, Audiotonix CEO. "Ardian invested alongside us just as the global Covid lockdowns began, and from our first meeting they were aligned in making sure all our brands emerged in a stronger position than before, but with the same teams and brand values fully supported. They allowed us to continue our large investment into R&D and supported our desire to add the right brands to our portfolio."

On this new investment, Gordon is clear on the choice of partner. "We have spent the last 12 months selecting the right team to partner alongside us in our next chapter, and I am happy to say the PAI team were a perfect cultural fit from our very first meeting. They come to us with a global reach and passion for music and technology that is a natural fit for our pro audio brands today and tomorrow."

Colm O'Sullivan and Neil McIlroy, Partners, PAI, said: "We are delighted to partner with James Gordon and the exceptional Audiotonix management team, alongside Ardian, in this next chapter of growth. Audiotonix is well placed to benefit from positive structural tailwinds in the experience economy and diverse professional audio environments - whether in live entertainment, installed professional audio, music or sports. We look forward to working with the team as the group continues to deliver market-leading, professional products, defining audio experiences worldwide."

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