Riverside-backed DPA Microphones buys Sound Network

Sound Network had a relationship with DPA as the firm's UK distributor prior to the transaction.

DPA said it plans few changes to Sound Network, but added that customers should benefit from the closer cooperation.

Riverside acquired a majority stake in DPA in December 2013, with management retaining a 40% shareholding. At the time of the acquisition, DPA had sales offices in Denmark, the US and Hong Kong, as well as an international network of licensed distributors.

Company
Sound Network is a London-based professional audio distributor. It has relationships with a wide network of professional users including theatres in the West End of London. It was founded in 1994 and employed eight people in 2016, according to publicly available documents. The brands it stocks include Sony Meris and DPA.

People
The Riverside Company – Jonathan Roos (senior associate); Thorsten Reuber (operating executive).

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• Topics
• Portfolio management
• UK / Ireland
• Consumer
• United Kingdom
• Riverside