Sur Capital Partners secured financing from Landmark Capital to acquire a 60% stake in Audiomusica, the leading musical instruments and professional audio retailer in Chile and South America.

Information on the Target

Audiomusica is the leading company specializing in the retail of musical instruments and professional audio equipment in Chile and other countries in South America. Founded in 1988, the company has established a robust presence with 20 retail stores across Chile. Furthermore, Audiomusica operates distribution centers in major cities, including Santiago and Iquique in Chile, Lima in Peru, and Miami in the United States. The company employs over 500 staff members, reflecting its significant contribution to the local economy and music industry.

Industry Overview in Chile

The musical instruments and audio equipment retail industry in Chile is experiencing robust growth, driven by increasing interest in music education and performance. As more Chileans seek to learn musical instruments, the demand for quality products has surged. This trend has been supported by initiatives from schools and community organizations promoting music as a crucial aspect of cultural development.

In addition, the rise of digital platforms for music consumption has further fueled the demand for professional audio equipment. With advancements in technology, consumers are increasingly looking for hi