HUMAN AUDIO EXPERIENCE
HUMAN AUDIO EXPERIENCE
ELEVATING HUMAN AUDIO EXPERIENCE WITH THE WORLD'S FINEST TECHNOLOGY
21-02-2025
POWERSOFT S.P.A. ACQUIRES THE 51% OF K-ARRAY S.R.L.
Acquisition in line with the Group's strategy of growing organically and through M&A, defined
since the IPO, and of repositioning from Product Company to Solution Provider
Strong focus on innovation, industry-proven technological know-how and Made in Italy as key shared values between Powersoft and K-Array
Strong complementarities and significant potential synergies thanks to increased product diversification, greater geographic penetration and expanded target markets, with significant opportunities in the automotive and transportation industries
Powersoft acquires the 51% of K-ArrayS.r.l., one international level in the audio systems sector, with the
of the most innovative companies at option to acquire the remaining 49%
CORPORATE PRESENTATION
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SOLUTION PROVIDER ALONG THE ENTIRE VALUE CHAIN
SOURCE
POWERSOFT
PRODUCTS
K-ARRAY
PRODUCTS
CONTROL & SIMULATION
SOFTWARE
MyUniverso
CLOUD | CLOUD |
SERVICES | GATEWAY |
DSP |
MIXER
AUDIO
PROCESSOR
SWITCH
RACK AMPLIFIERS + DSP
TRANSDUCERS
REMOTE
CONTROLLERS
RACK | PASSIVE | CONSUMER AND | ||||||||
ACTIVE | AMPLIFICATION | SUBWOOFER | ||||||||
PROFESSIONAL APPLICATION | ||||||||||
CASE | SPEAKERS | |||||||||
SPEAKERS | MODULES |
CORPORATE PRESENTATION
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OVERVIEW OF K-ARRAY
K-ARRAY AT A GLANCE
BRIEF DESCRIPTION
- K-Array is active in the design and manufacturing of innovative audio & lighting systems with high performance and compact design
- K-Array,with over 100 highly-qualifiedprofessionals, operates through 3 Brands focused on different market segments
- Founded in 2005 and based in Scarperia e San Piero (Florence, Italy), K- Array presents a broad portfolio of innovative, ultra-compact, high- performance audio and speaker systems for small, medium, and large applications
BRANDS
Brands | Products | Customers & Applications | ||
KEY FINANCIALS FY 2022A - FY 2024 PRELIMINARY (€/M) 1
Net debt /(Cash) | 0.0 | 0.8 | 4.3 2 | |||||||||||||||
29.8% | ||||||||||||||||||
18.5% | 19.7% | 22.1 | ||||||||||||||||
19.0 | ||||||||||||||||||
16.4 | ||||||||||||||||||
6.6 | ||||||||||||||||||
3.0 | 3.7 | |||||||||||||||||
2022A | 2023A | 2024 Preliminary | ||||||||||||||||
Revenues | EBITDA reported | EBITDA margin | ||||||||||||||||
REVENUES FY 2023A BREAKDOWN | ||||||||||||||||||
By Geographic area | By Brand | |||||||||||||||||
- Line array speakers
- Subwoofers
- Portable systems
- Compact speakers
- Portable audio systems
- Integrated audio & lighting solutions
- Invisible speakers
- Refined audio systems
- Sound technicians
- Live event organizers
- Theaters installers
- Corporate events
- Home applications
- Private applications
- HO.RE.CA
- Commercial spaces
- Luxury residences
Latin | K-SCAPE | |
America | 2% | |
5% | EMEA | K-GEAR |
60% | 19% | |
USA | ||
17% | ||
K-ARRAY | ||
Asia & | 79% | |
Pacific | RoW | |
15% | 3% |
CORPORATE PRESENTATION
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1) K-Array results according to Italian GAAP; 2) The Net Debt of K-Array is affected by the transfer of the intellectual and industrial property rights and all other assets from HP Sound to K-Array
K-ARRAY SOUND AROUND THE WORLD
K-ARRAY USA LLC
Boston, USA
51 DISTRIBUTORS - 70 Countries covered | |||
14 REPRESENTATIVES | |||
HEADQUARTER | |||
K-ARRAY | Scarperia e San Piero, | ||
Florence, Italy | |||
CORPORATE PRESENTATION
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K-ARRAY PRODUCTS AND SOLUTIONS
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SPEAKERS | SUBWOOFERS | SYSTEMS | MONITORS | ELECTRONICS | MICROPHONES | LIFESTYLE | AUDIO & LIGHT | SOFTWARE | ACCESSORIES |
K-ARRAY VERTICALS
INSTALL | INSTALL | TRANSPORTATION & | CONCERT & | RESIDENTIAL & |
COMMERCIAL | LEISURE | AUTOMOTIVE | LIVE SOUND | YACHT |
CORPORATE PRESENTATION
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STRATEGIC RATIONALE & VALUE CREATION
STRATEGIC RATIONALE OF THE TRANSACTION
1
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CREATION OF A GLOBAL SYSTEM PROVIDER: Design and development of complete system solutions for professional audio to meet the
needs of design and performance of audio systems in strategic markets: Transport, Automotive, HoReCa (Hotel-Restaurant-Cafè)
2 DIVERSIFICATION OF PRODUCT PORTFOLIO: Expansion of commercial offering by adding complementary and synergistic systems
EXPANSION OF INTERNATIONAL GEOGRAPHIC PRESENCE: Strengthening Powersoft's distribution network in
3 complementary geographic areas by increasing the potential for business development in high-growth/strategic areas (US &
China)
INNOVATION ACCELERATION & NEW APPLICATION SEGMENTS: Collaboration between the R&D teams of the two companies
4 will accelerate the development of next-generation audio systems in line with the latest market trends especially for new transducers applications
PROCESS OPTIMIZATION: Potential cost synergies by streamlining operational and procurement processes for shared components and
technologies
CORPORATE PRESENTATION
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