A Dozen M&A Deals That Reshaped The Channel In January
Submitted by Michael Novinson and Jimmy Sheridan on
AVI-SPL
Company acquired: VideoLink
Head count: 51-200 employees
Annual revenue: undisclosed
Purchase price: undisclosed
Date of announcement: Jan. 4
System integrator AVI-SPL made its second acquisition in six weeks, purchasing broadcasting platform specialist VideoLink and inching the company closer to becoming a $1 billion solution provider.
This latest acquisition, of Newton, Mass.-based VideoLink, will add a new platform to AVI-SPL's portfolio, according to John Zettel, CEO of AVI-SPL. He said the deal will help make them a "one-stop shop" for customers seeking to build the workplace of tomorrow.
The $600-million Tampa Fla.-based AVI-SPL also acquired San Diego, Calif.-based Anderson Audio Visual in November to strengthen its resources and presence in high-growth markets. The company also opened up a new office in Frankfurt ,Germany, to boost its financial services holdings in Europe.
AVI-SPL was bought by private equity firm H.I.G. Capital in April 2016.
