Jeffer Mangels Butler & Mitchell LLP (JMBM) is pleased to announce that Drum Workshop, Inc., a global leader in acoustic drums and percussion, has been acquired by Roland Corporation, a leading global manufacturer of electronic musical instruments.
“For the past 50 years our goal has always been to inspire, motivate and solve problems for drummers,” said Don Lombardi, founder and chief product officer of Drum Workshop in a press release. “I have always been a fan of the innovation coming from Roland, and we are thrilled to partner with them on inventing solutions for future generations.”
JMBM partner Michael Steuch led the team representing Drum Workshop in the deal, with support from Nate Shaw, Vanessa Han, Jamie Ogden and Ryan Skelly.
“We are pleased to have helped facilitate this combination of industry leaders and to help our client achieve an excellent result,” said Steuch. “We look forward to seeing great things from the collective teams at Drum Workshop and Roland.”
About Drum Workshop
Founded in 1972, Drum Workshop is widely recognized as the global leader in designing and manufacturing award-winning musical instruments including drums, pedals, hardware and accessories. Drum Workshop manufactures, markets and distributes an iconic portfolio of brands including DW® Drums and Hardware, PDP®, Gretsch® Drums, Latin Percussion®, and Slingerland. Drum Workshop’s wide range of products have earned their reputation as The Drummer’s Choice and are endorsed by many of the world’s top artists including Dave Grohl, Phil Collins, Chad Smith, Mick Fleetwood, and Sheila E., among others. Drum Workshop is headquartered in Oxnard, California. For more information, visit DWDrums.com.
About JMBM’s Mergers & Acquisitions Group
JMBM’s Mergers & Acquisitions Group represents buyers, sellers and capital providers in a wide variety of mergers, acquisitions, control sales and financings. The M&A Group’s lawyers provide start-to-finish assistance with the structuring, negotiation, documentation and closing of the deal. For more information, visit www.jmbm.com.