
EMH invests €50m in Native Instruments
German venture capital firm EMH Partners has invested $50m in an expansion round for Berlin-based Native Instruments, which manufactures software and hardware for digital music production and DJing.
The transaction is the third investment for the EMH Digital Growth Fund. The growth investor held a €350m final close for its maiden growth capital vehicle in June 2017.
The founders of Native Instruments also invested around €3-7m alongside EMH, in order to increase their shareholding. Together with the remaining founders they retain a majority stake, with the private equity investor holding a minority position in the company.
The EMH Digital Growth Fund is looking at a five-year investment phase and targets DACH-based technology-dedicated SMEs that generate revenues between €10-500m. The management team aims to invest in two or three portfolio companies every year, deploying €10-100m equity tickets, and plans to manage them up to 10 years.
Previous funding
BayernLB backed the music technology specialist in a sponsorless buyout in June 2011 with mezzanine funding.
Company
Founded in 1996, Native Instruments is headquartered in Berlin and provides software and hardware for computer-based music production and DJing. The company currently employs a staff of around 500 across its seven offices in Berlin, Los Angeles, Tokyo, London, Toronto, Paris and Shenzhen. It posted revenues of €80m in 2016.
People
EMH Partners – Sebastian Kuss (managing partner).
Native Instruments – Daniel Haver (CEO).
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