An international team advised Stockholm-based audio, tech, and design powerhouse Marshall Group on its significant change in ownership, welcoming funds managed by private equity firm HongShan Capital Group (HSG) which acquired a majority stake in Marshall Group. HSG acquired its stake from major selling shareholders Altor, Telia Company, Time For Growth, and Zenith VC.
The transaction, which valued Marshall Group at EUR1.1 billion, represents HSG's largest investment in Europe to date. The Marshall family will retain a significant stake of over 20% in the company.
About Marshall Group
Marshall Group is the audio, tech, and design powerhouse uniting musicians and music lovers through groundbreaking innovation. Marshall Group, the flagship brand, is uniquely positioned with over 60 years of rock’n’roll heritage on stage, at home, and on the go, across more than 90 markets. Marshall Group generates over EUR400 million in revenue and employs around 800 talented individuals across eight global locations.
About HongShan Capital Group
With offices in Hong Kong, mainland China, London, Tokyo, and Singapore, HongShan Capital Group, formerly known as Sequoia China, is a leading venture capital and private equity firm investing globally in the technology, healthcare, and consumer sectors. HSG manages over USD55 billion in assets across various funds for top institutional investors.
Legal advisers
United Kingdom
Philip Shepherd (Corporate/M&A, Partner), Paul Thorpe (Corporate/M&A, Partner), Ed Chapman (Corporate/M&A, Partner), Jack Turner (Corporate/M&A, Associate), Jack Cunningham (Corporate/M&A, Associate), Isabel Norris (Corporate/M&A, Trainee Solicitor), Katie Chandler (D&I, Partner), Samantha Brendish (D&I, Senior Associate), Nick Maday (D&I, Senior Associate), Matthew Caskie (D&I, Associate), Sián Skelton (Commercial/IP, Partner), Megan Lukins (Commercial/IP, Senior Associate), Nick Harrison (Commercial/IP, Associate), Paolo Palmigiano (Competition, Partner), Elisabetta Rotondo (Competition, Senior Associate), Emma Oakley (Real Estate, Partner), Francesca Gibbs (Real Estate, Associate), Oliver Goodwin (Real Estate, Senior Counsel), Vikki Wiberg (Immigration, Senior Counsel), Helen Farr (Employment, Partner), Ruth Moffett (Employment, Senior Associate), Anna Taylor (Pensions, Partner) and Georgina Wardrop (Pensions, Senior Associate).
Hong Kong
Mark Chan (Corporate/M&A, Managing Partner), Shelley Wong (Corporate/M&A, Associate) and Michael Hwang (Corporate/M&A, Trainee Solicitor).
China
Kai Kim (Shanghai, Corporate/M&A, Partner), Alex Zou (Shanghai, Corporate/M&A, Associate), Ashley Liu (Shanghai, Corporate/M&A, Associate).
