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.
Talk to the deal team
Gary S. Rabishaw
Managing DirectorLos Angeles, United States
Managing PartnerLos Angeles, United States
AssociateLos Angeles, United States
OFFIX Holding and Office World Holding bundled their activities into the newly formed JV Office World Group
OFFIX Holding AG and Office World Holding AG have bundled their businesses into the newly founded Office World Group AG. Office World Holding brings its subsidiaries Office World, iba and Tramondi, and OFFIX brings its companies Papedis, Ecomedia, Oridis, Office Leader and DocuServ into the new Office World Group AG. The merger creates a Swiss group that will be represented throughout the country, generating sales of approximately US$400 million with just under 600 employees.Learn more
CAPZA and RAISE Impact have invested in Oui Care to accelerate its internal and external growth strategies
The shareholders and management of Oui Care have raised funds and restructured its debt for up to US$78.5 million (US$42.2 million for external growth and US$36.3 million in refinancing). This investment will support Oui Care and its management in this new stage of development.Learn more
Hardford has sold its wholly owned subsidiary Hardford Brands to Pharmaxim
Hardford Holding AB has sold Hardford Brands AB to Pharmaxim AB.Learn more