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News Apr 04, 2017

Shearman & Sterling Advises on Acquisition Financing of Audiotonix

Shearman & Sterling advised MV Credit as second lien lender on European private equity group Astorg's £203 million acquisition financing for Audiotonix Limited, a console and mixing desk maker, from Electra Private Equity.

Audiotonix designs and manufactures audio mixing consoles used to manage live sound for a variety of purposes such as concerts, TV broadcasting, theatre shows and major international live events. It has worked on events such as the Superbowl, US football game.

The Shearman & Sterling team included partners Peter Hayes (London-Finance) and Simon Letherman (London-Tax); and associates Sedina Aidam, Michèle Smith, Ankita Sethia (all London-Finance) and Sarah Moir-Porteous (London-Tax).