Providence Equity Partners Acquires d&b Group from Ardian

July 10, 2023

Providence Equity Partners has acquired a majority interest in d&b Group (registered as Cubes Holding GmbH) from Ardian; financial terms were not disclosed and the deal was expected to close by October 31, 2023. Headquartered in Backnang, Germany, d&b is a leading provider of professional audio equipment and AVLM (Audio, Video, Light & Media) solutions with more than 1,000 employees globally; management is re‑investing and will remain in place.

Targets
d&b Group (Cubes Holding GmbH)
Sellers
Ardian
Location
Baden-Württemberg, Germany
Transaction Type
Buyout

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