AVI-SPL Buys Anderson AV

anderson-avispl-1116AVI-SPL today announced the acquisition of Anderson Audio Visual (“Anderson”). Anderson’s market leading regional capabilities will strengthen AVI-SPL’s presence in high growth markets and expand AVI-SPL’s industry leading global support and services platform to current and prospective customers.

Headquartered in San Diego, Calif., Anderson has six locations (four in California, one in Texas, and one in North Carolina). It is currently ranked as the AV industry’s 17th largest revenue generator.

“As part of our strategic growth plan, we want to deepen our resources in areas we are witnessing high demand, like the tech sector in California,” said John Zettel, CEO of AVI-SPL. “Adding AVI-SPL’s global capabilities and award-winning managed services, with Anderson’s top talent and culture of agility makes this a great day for our teams and our customers.”

Since announcing its new relationship in April 2016, AVI-SPL and private equity firm H.I.G. Capital have expressed their shared desire for AVI-SPL to expand its resources and capabilities to widen its gap as the leading total solutions provider for workspaces around the world. With the welcoming of Anderson to the company, as well as the recent opening of its German office to support organizations throughout Europe, AVI-SPL has taken the initial steps in achieving this strategy.

Shane Parkes, Anderson’s co-founder and CEO commented, “We look forward to the strategic alliance of AVI-SPL and Anderson. The combined company will offer an unmatched global scale and services platform for our customers, while continuing to offer high quality local AV solutions.”

“Shane and the Anderson team have built a meaningful fast growth business over the past twenty years,” added Zettel. “AVI-SPL is thrilled to share this significant next step in our growth plan together with them.”

See related  Private Firm Purchases Anixter International, Making It a Private Company

Anderson AV is here and AVI-SPL is here.