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

Joseph Wisniewski

Associate Director
Los Angeles, United States
Oaklins Intrepid

Related deals

UniKidz has partnered with Karmijn Kapitaal
Private Equity | Consumer & Retail

UniKidz has partnered with Karmijn Kapitaal

Karmijn Kapitaal has acquired a majority stake in UniKidz, a talent development organization that provides a scientifically-based developmental approach through high-quality childcare. Through the partnership with Karmijn Kapitaal, UniKidz can take the next step in bringing their unique concept to even more children.

Learn more
Provital GmbH has been acquired by EMERAM Capital Partners
Private Equity | Consumer & Retail

Provital GmbH has been acquired by EMERAM Capital Partners

Dr. Thomas Brandner has sold a majority stake in Provital GmbH to private equity firm EMERAM Capital Partners. The transaction secures the future development and growth opportunities of the pet food company as EMERAM Capital Partners takes on ownership and acts as its strategic partner.

Learn more
Venus Wine & Spirit Merchants plc has been acquired by Booker Group Ltd., a subsidiary of Tesco plc
Consumer & Retail | Food & Beverage

Venus Wine & Spirit Merchants plc has been acquired by Booker Group Ltd., a subsidiary of Tesco plc

The shareholders of Venus Wine & Spirit Merchants plc have sold the company to Booker Group Ltd., a subsidiary of Tesco plc. The move allows the Tesco subsidiary to bolster its on-trade portfolio through the addition of Venus’ range of over 2,000 spirits, beers, wines and soft drinks.

Learn more