About Marshall Group

Marshall Group is a leading audio and technology company born in 2023 through the strategic merger of Marshall Amplification, with its 60-year heritage, and Zound Industries, which has been developing and globally launching headphones and speakers since 2010. With products such as amplifiers, speakers and headphones, the company reaches over 90 markets worldwide.

Marshall Group products and services

Marshall offers a complete portfolio ranging from stage equipment to consumer products, with a strong focus on both professional musicians and music enthusiasts. Speakers along with headphones are by far the company's largest and most important source of revenue.

• Amplifiers
  • Guitar amplifier
  • Bass amplifier
  • Studio amplifier
• Loudspeakers
  • Bluetooth wireless speakers
  • Portable speakers for indoor and outdoor use
• Headphones
  • Wireless over-ear and on-ear headphones
  • True wireless in-ear headphones
• Professional music equipment
  • Natal Drums - drums and accessories
  • Marshall Studio - recording studio for artists
• Music-related services
  • Marshall Records - record labels for new and established artists
  • Marshall Live - events and concert experiences

Strong financial performance

Marshall Group has experienced stable and profitable growth in recent years.

• 2021: Net turnover of SEK 2.5 billion.
• 2022: Net sales increased to SEK 3.1 billion, with an adjusted operating margin of 13.8 %.
• 2023: Record results with net sales of SEK 4 billion (+29 %) and an adjusted operating margin of 18.9 %.

Growth is driven by strong sales in speakers and headphones, an increased market presence in APAC, EMEA and the Americas, and an increasing focus on the B2B segment, including audio solutions for hotels, restaurants and retail.

Potential exit in the near future

In the fall of 2023, the Altor Equity Partners new co-owner. With the support of Altor and an impressive financial performance, Marshall Group is well positioned for a potential sale or IPO, which has been rumored on a regular basis.

How to buy shares in Marshall Group

1. Create an account on Eqvor.com
2. Click on the buy button at Marshall in the OTC list.
3. Choose how many shares you want to buy and at what price, and to which depository you want the shares delivered.
4. Wait for the order to be matched.
5. Send your settlement note to your bank/securities company.
6. The shares land in your custody - Done!

In addition to Marshall, we have also helped investors buy and sell shares in other exciting unlisted companies in sectors such as 

Hbiotechnology and bioengineering, there are A3P Biomedical, BioCrine, Doktor.se, MEDS Pharmacy, Sigrid Therapeutics and Mindler. Under financial services there are Klarna, Mynt, Yabie and Billogram.

Within technology and innovation: Dirac Research, Exeger, Cascade Drives, Sana Labs, Quartr and Virtune. I the consumer and lifestyle segment: CDLP, Estrid.

Under transport and vehicle technology there are Einride, Voi, XShore, Koenigsegg and Candela. Within energy and sustainability: Blykalla and Svea Solar.

In addition: Epidemic Sound (media), Kaunis Iron (industry),  GreenGold Group (forestry), and investment companies Röko, byWiT and Nicoya.

We can also help to implement deals in other unlisted companies - even if they are not listed on the platform. Contact us if you are looking for a specific case.