TMTPOST -- HongShan Capital Group is close to finalizing a deal to acquire Marshall Group AB, the iconic audio equipment manufacturer, according to sources familiar with the matter. The potential agreement could value the Stockholm-based company at approximately $1.1 billion. Known for its legendary guitar amplifiers used by artists such as Jimi Hendrix, Eric Clapton, and Lana del Rey, Marshall Group may see the founding Marshall family retain a partial stake in the business as part of the transaction, the sources said, requesting anonymity due to the private nature of the discussions. HongShan, previously known as Sequoia China, has reportedly outbid other investment funds to become the frontrunner in acquiring Marshall. Negotiations between HongShan and Marshall are in their final stages, with an agreement potentially being reached in the coming days. However, discussions are ongoing, and no final decisions have been made, the sources added.