Gear4music (Holdings) plc (AIM: G4M) – another new music company on AIM
Gear4music, one of the largest UK based online retailers of musical instruments and music equipment, has arrived on AIM at a price of 139p per share with a resulting market capitalisation of approximately £28m.
Gear4music, which was launched in 2003, now has over 590,000 customers and sells a large range of music products, including musical instruments, studio equipment, DJ and production equipment and home audio solutions. The Group sell some of the biggest brands in the music industry, including Yamaha, Casio and Fender. At present Gear4music have 28,101 products online from 574 manufacturers. Gear4music deliver to 21 countries in Europe. The Group works closely with fellow AIM company Focusrite (TUNE), who we have written on a number of times since they listed in December 2014. Gear4music sells some of Focusrite’s top music hardware and…