Source prnewswire
Marshall to turn up the volume with HSG as new majority shareholder
The deal will be the largest investment in Europe to date.Under the terms of the deal, the Marshall family will retain a significant stake in the company.Terry Marshall is a board member at the Marshall Group, which was founded in 1962 by his father.Marshall is one of the most well-known brands in the world and we believe it will strengthen its position as the go-to brand for guitarists and as the most exciting brand for music lovers globally.Taro Niggemann said that they aim to help bring Marshall's exceptional products to even more customers globally while embracing and celebrating the spirit that has defined the brand for generations.Following previous investments in companies such as AMI Paris, this investment builds upon the track record of HSG.Since the creation of the Marshall Group, which brought together the entire Marshall universe under one roof, the company has continued to innovate and grow.Jeremy de Maillard, CEO of Marshall Group, said: "This deal is a testament to our team's dedication and exceptional talent in making our vision a reality."Marshall's revenue will more than double from 2020 to 2024, reaching 400 million euro.The Marshall Group will be able to invest for the long-term and accelerate even further with the new strong ownership structure.The selling shareholders are Altor, Telia Company and Time for Growth.About Marshall.Marshall, our flagship brand, is uniquely positioned with over 60 years of rock 'n' roll attitude on stage, at home and on the go. Marshall, our flagship brand, is uniquely positioned with over 60 years of rock 'n' roll attitude on stage, at home and on theAbout HSG.The HongShan Capital Group, formerly known as Sequoia China, is a leading venture capital and private equity firm with offices in Hong Kong, mainland China, London, Tokyo, and Singapore.Over 140 private portfolio companies have reached unicorn status, and more than 160 of them have listed on public stock exchanges.Over the past two decades, the investment platform has evolved into a fully integrated investment platform that spans seed, venture, growth, buyout, and infrastructure investing.
No Comments