Native Instruments Begins Preliminary Insolvency Proceedings

The prominent music tech brand will soon undergo major restructuring and asset sales

Native Instruments (NI), a music technology company that develops hardware and software for DJing, production, and performance, has begun the process for preliminary insolvency. This is a signal of severe financial difficulties.

How it works:

  • With these proceedings commenced, the company has appointed an administrator to oversee restructuring and the liquidation of assets and other costs, such as employee salaries.

  • MusicTech reported that Prof. Dr. Torsten Martini will serve as administrator for the Berlin-based company.

Background:

  • NI previously restructured between 2019 and 2020.

  • Private Equity firm Francisco Partners has been the majority stakeholder in NI since 2021.

  • Under the Francisco umbrella, NI purchased other music companies, including iZotope, Brainworx, and Plugin Alliance.

Native Instruments (NI), a music technology company that develops hardware and software for DJing, production, and performance, has begun the process for preliminary insolvency. This is a signal of severe financial difficulties.

How it works:

  • With these proceedings commenced, the company has appointed an administrator to oversee restructuring and the liquidation of assets and other costs, such as employee salaries.

  • MusicTech reported that Prof. Dr. Torsten Martini will serve as administrator for the Berlin-based company.

Background:

  • NI previously restructured between 2019 and 2020.

  • Private Equity firm Francisco Partners has been the majority stakeholder in NI since 2021.

  • Under the Francisco umbrella, NI purchased other music companies, including iZotope, Brainworx, and Plugin Alliance.

Native Instruments (NI), a music technology company that develops hardware and software for DJing, production, and performance, has begun the process for preliminary insolvency. This is a signal of severe financial difficulties.

How it works:

  • With these proceedings commenced, the company has appointed an administrator to oversee restructuring and the liquidation of assets and other costs, such as employee salaries.

  • MusicTech reported that Prof. Dr. Torsten Martini will serve as administrator for the Berlin-based company.

Background:

  • NI previously restructured between 2019 and 2020.

  • Private Equity firm Francisco Partners has been the majority stakeholder in NI since 2021.

  • Under the Francisco umbrella, NI purchased other music companies, including iZotope, Brainworx, and Plugin Alliance.

👋 Disclosures & Transparency Block
  • This article was written with information sourced from MusicTech.

  • We covered it because NI is a major music brand.

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