Calrec Audio Acquired by Electra Partners for $23.1 Million

HEBDEN BRIDGE, U.K. and LONDON—Calrec Audio announced its acquisition by Electra Partners, a private equity firm based in London, for £14 million (US$23.1 million) through a mixture of equity and debt. Calrec will become a sister company to Allen & Heath, which Electra acquired in June last year.