EMZ Partners reiterates its support to Arturia
Founded in 1999, Arturia designs and develops digital music production software and hardware for hobbyists, semi-professionals and professional musicians
Headquartered in Grenoble, France, the company operates worldwide (+90 countries) and has a strategic presence in Los Angeles, Mexico, London and Hong Kong to serve its 1.3m registered users
After a successful Management-sponsored operation led by EMZ Partners in 2019, Arturia has continued to experience high growth (c.+40% revenue CAGR FY16-21) and achieved its four-year business plan in only two years, reaching c.EUR 55m in revenue in FY21, over 40% of which was generated in the US
While reinforcing EMZ Partners’ position as reference minority shareholder, the transaction also enables Arturia to obtain a dedicated credit facility to finance targeted bolt-on acquisitions to strengthen its market share expansion and penetrate adjacent markets
Having acted as lead senior lender in the previous LBO transaction, Crédit Agricole Sud Rhône Alpes confirmed its strong support for Arturia while arranging and coordinating the new senior credit facility
In line with Arturia’s continued commitment to improve its social and environmental impact, the company has indexed a portion of its new credit facility’s pricing to ambitious ESG objectives
Arturia’s growth in the coming years will be based on a “make or buy” strategy. It will continue to use enhanced technology to provide musicians with unique ways to make music, complementing this with planned investments in research and development as well as acquisitions and talent expansion.