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Synopsis
HIG Capital-backed AVI-SPL, a multi-office provider of collaboration and audio video, acquired Interactive Solutions, an AV and video conferencing integrator based in Memphis, TN. Financial terms were not disclosed. Todd Ofenloch, Managing Director at H.I.G. Capital, said, “With this transaction, we are delivering greater resources to ISI’s customers that can now benefit from a single global provider while also providing existing AVI-SPL customers with improved execution capabilities in important Tennessee markets.” Richard Stokes, Managing Director at H.I.G. Capital added, “We are pleased to support this acquisition, which will serve to further AVI-SPL’s position as the leading global provider of audio visual and video conferencing services and solutions.”
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