Marlin Equity Partners has officially completed the acquisition of AVI-SPL and subsequent merger with Whitlock. The two digital workplace services providers will combine under AVI-SPL to offer organizations around the globe end-to-end technology management and support solutions. H.I.G. Capital has partnered with Marlin in the transaction and will hold a minority stake in the combined company.
Alex Beregovsky, a managing director at Marlin, said, “The digital workplace services industry has an incredible amount of untapped potential. The combined company significantly benefits from deeper resources and enhanced local presence that will fuel communication and collaboration, while offering a world-class experience for remote working, distance learning, meeting rooms, and more. We look forward to bringing together two highly synergistic industry leaders to help them fully reach their potential and accelerate the combined company’s growth.”
The merger will expand AVI-SPL’s solutions for customers around the world. Legacy Whitlock customers will now have access to AVI-SPL’s 24/7 Global Services Operation Centers, as well as remote management and monitoring capabilities provided by AVI-SPL Symphony, the company’s proprietary offering. The combination will also form the what the company says is the industry’s most certified team of engineers and technicians.
“This is an incredibly exciting new chapter for our company, and we are thrilled to be partnering with Marlin as we capitalize on this huge opportunity for, not only our growth and value creation, but our customers’ as well,” said John Zettel, CEO of AVI-SPL. “AVI-SPL and Whitlock have always shared a mutual admiration and respect for one another due to our similar passion for innovation, cultural alignment and commitment to providing world-class customer experiences. Combining these strengths along with Marlin and H.I.G.’s commitment to supporting and empowering growth will ensure we continue to deliver the very best experience for our customers undergoing digital transformations.”
See our original story, which broke the news, here.