Stephenson Harwood advises Focusrite on Sonnox Limited acquisition
Law firm Stephenson Harwood LLP has advised AIM-listed Focusrite plc on its £9.1 million acquisition of Sonnox Limited.
Focusrite is a global music and audio products group supplying hardware and software used by professional and amateur musicians and the entertainment industry. Sonnox is a leading designer of audio processing software plug-ins for professional audio engineers, and is a well-established and acclaimed brand in the global audio industry. Its range of innovative, high quality, award-winning processing software is used in a wide range of audio applications, including mixing for music production, live sound, broadcast, TV & Film, and even scientific and forensics projects.
The acquisition adds audio software to the Focusrite group's growing portfolio, specifically complementing Focusrite's existing offerings in the recording space, and is aligned with the group's strategic aims of growing its core customer base, expanding into new markets, and increasing lifetime value for customers.
The Stephenson Harwood team was led by corporate partner Tom Nicholls, who was supported by corporate associates Jack Digby and Charmaine Yuen. Further assistance was provided by employment partner Richard Freedman, who was supported by associate Aaron Pooni, tax partners Kate Worthington and Shofiq Miah, real estate partner Catriona Berman and associate Leo Curtin, and pensions associate Julia Cooper.
