Native Instruments CEO Says ‘Active M&A Process is Progressing Well’ Amid Insolvency Process
As we know, Native Instruments entered preliminary insolvency proceedings earlier this year, with an administrator appointed in Germany to oversee restructuring and a possible sale. Now, CEO Nick Williams has provided an update through his blog, stating that “business continues as usual” across the company and its subsidiaries – iZotope, Plugin Alliance and Brainworx. He also shared insights about various legal and financial processes related to the insolvency
Mergers and Acquisition (M&A) process
Writing about the company’s mergers and acquisitions (M&A) process, Williams wrote “We are currently in an active M&A process that is progressing well, with strong interest from multiple parties with deep roots in audio and technology”. “We see a clear path to achieve our goal to provide continuity for creators, customers, and partners”.
Insolvency Process
The insolvency process, meanwhile, is moving through “expected legal steps”. Williams said, in his blog, “As part of the restructuring process, Native Instruments GmbH and a number of our German entities will shortly be moving through expected legal steps, including transitioning from “preliminary insolvency” into formal “insolvency” proceedings where applicable.”
Many in the industry believe that the pressure is linked to debt from the 2021 Native Instruments acquisition by investment firm Francisco Partners while reports show that Native Instruments recorded losses of €288 million across 2023 and 2024, adding to its financial challenges. While not much can be said about the future, for now, it remains business as usual for Native Instruments.
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