Miami, FL (May 2, 2016)—AVI-SPL has been acquired by H.I.G. Capital, a private equity investment firm.
Headquartered in Tampa, Florida, AVI-SPL has 1,500 employees throughout 35 locations worldwide, with 29 offices in the US and six internationally (Canada, UK and UAE). The company has completed more than 35,000 AV and video collaboration deployments since 2008 in more than 100 countries.
Richard Stokes, managing director at H.I.G. Capital, commented, “AVI-SPL is the established market leader in the AV systems and collaboration solutions market and we look forward to supporting the continued expansion of the company’s service offering and geographic footprint.”
“We’re proud to partner with H.I.G. Capital, a highly respected firm that is aligned with AVI-SPL’s vision of the future and the strategic plan to get there,” said John Zettel, AVI-SPL’s CEO, “AVI-SPL continues to distinguish itself through the rapidly growing collaboration solutions space. Together with H.I.G. Capital, our potential for accelerated growth to meet the needs of tomorrow’s enterprise clients is limitless.”