Milbank LLP’s Leveraged Finance/Capital Markets team advised the financing sources in connection with PAI Partners’ acquisition of Audiotonix. British-based manufacturer Audiotonix is a global market leader in the design, engineering and manufacture of professional audio mixing consoles and related products. Audiotonix equipment is used on tours for major live acts, including Taylor Swift, U2 and Coldplay. It has the largest specialized R&D team in the professional audio mixing console market and its brands provide live sound support for TV, theatre and large-scale events, as well as concerts. The Milbank team was led by Global Leveraged Finance partners Sarbajeet Nag and Charles Stern, and associates Dhruv Kaushal, Alex Taylor and James Aurelius.