Go to deals
Consumer & Retail

The Music People has been sold to JAM Industries

JAM Industries, a subsidiary of DCC plc, has acquired The Music People (TMP), a musical instrument and pro-audio distributor.

For over 40 years, The Music People has distributed musical instruments and professional audio products, including leading third-party brands and its proprietary On-Stage branded line of accessories, to retailers and integrators that rely on TMP as an extension of their operations. Founded in 1979 by Jim Hennessey and based in Berlin, Connecticut, The Music People has a sterling reputation, industry-veteran product specialists, and a premier roster of musical instrument accessory, professional audio, video and lighting brands.

Based in Montreal, Canada, JAM Industries operates as a value-added distributor for the consumer electronics, musical instruments, pro audio and lighting markets. JAM operates as a subsidiary of DCC plc, a Dublin, Ireland-based company. DCC, an international sales, marketing and support services group, produces US$18 billion in revenue, operates in 17 countries, and employs approximately 13,200 people. Following DCC plc’s acquisition of JAM in 2018, the acquisition of TMP further expands DCC’s market share in the North American musical instrument and pro-audio distribution industry.

Oaklins’ team in Los Angeles served as the exclusive sell-side advisor to The Music People in the company's full sale process.

Parties

Talk to the deal team

Gary S. Rabishaw

Managing Director
Los Angeles, United States
Oaklins Intrepid

James Freedman

Managing Partner
Los Angeles, United States
Oaklins Intrepid

Related deals

Terra Holding S.r.l. has launched a voluntary public tender offer for Gibus S.p.A.
Consumer & Retail

Terra Holding S.r.l. has launched a voluntary public tender offer for Gibus S.p.A.

Terra Holding S.r.l. has initiated a voluntary public tender offer for the shares of Gibus S.p.A.

Learn more
Stones Infra Projects has raised debt finance
Consumer & Retail

Stones Infra Projects has raised debt finance

This transaction marked a successful debt raise to fund Oleander Farms’ growth. Strategically located in Karjat between Mumbai and Pune, this five-star resort caters to luxury travelers, MICE (meetings, incentives, conferences and exhibitions), weddings and large-scale events. The rising demand for additional room inventory to host sizable gatherings, along with the scarcity of large-format resorts in the region, were key drivers behind raising capital to accelerate expansion.

Learn more
CAT Agencies has joined forces with furniture specialist 2-Connect
Consumer & Retail

CAT Agencies has joined forces with furniture specialist 2-Connect

CAT Agencies AS, an agency specializing in home textile products, has been acquired by 2-Connect.

Learn more