Native Instruments enters preliminary insolvency in Germany

Native Instruments hits court-managed limbo, asset sales loom, products stay alive, and the wider music tech scene flinches.

Insolvency status

• Native Instruments GmbH entered preliminary insolvency proceedings.
• Control shifts away from executives during restructuring.
• Asset disposal becomes part of the process.

Who runs the process

• Torsten Martini steps in as administrator.
• His mandate centers on restructuring and creditor outcomes.
• Decisions move outside company leadership.

Ownership backdrop

• Francisco Partners holds a majority stake.
• That position dates back to 2021.
• Equity control does not stop insolvency mechanics.

Why does this rattle users

• Maschine, Komplete, and Traktor anchor daily workflows.
• Kontakt and Reaktor power entire developer ecosystems.
• Partner deals and long-term projects feel exposed.

Short-term reality check

• Operations continue during this phase.
• Creditors get priority protection.
• Valuable products must keep running to settle debts.

Bigger picture concerns

• Expansion and pricey acquisitions drove debt.
• Core products and teams are not blamed.
• The Soundwide bundle could be split and sold.