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Diversified Acquires CompView in Latest Blockbuster Merger

Published: 2017-06-01

Diversified, which rode a trio of major acquisitions to 2016 CI Integrator of the Year honors, has made another bold move, acquiring Portland, Ore.-based CompView, giving the combined new company eight additional office locations and a workforce of about 1,300 people in eight divisions.

CompView, a founding member of the Global AV Partnership last year, “contributes unique capabilities in serving the corporate enterprise, higher education, and healthcare markets,” according to the joint press release announcing the deal.

“The expanded footprint and combined capabilities will provide clients with an unprecedented level of support and an enhanced customer experience.”

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Diversified chairman and CEO Fred D’Alessandro told CI last year his goal isn’t to become the industry’s largest integrator but the CompView acquisition was something that was too good to resist.

“As Diversified grows, we continue to seek out innovative companies that can help us transform the client experience,” said D’Alessandro in the announcement. “CompView has built a tremendous business. The success of both companies is based on a culture of providing world class customer service, innovative technology solutions, and industry leading processes.”

Rewind: A look at the industry’s M&A activity in 2016

The acquisition “complements an existing complete customer solution platform that encompasses presentation technologies, unified communications, dynamic signage, live events, security, command and control, broadcast, medical and business consulting,” according to the joint release.

“We are pleased to announce this combination with Diversified and believe our clients and employees will benefit greatly from this transaction,” says CompView CEO Scott Birdsall, who becomes part of Diversified’s executive team. “Diversified’s engineering strength and commitment to high-touch regional service will enable the combined company to better serve our clients in this growing marketplace.”

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In the announcement, CompView founder Paul White called the deal another way for the company “to create a better customer experience.”

“The opportunity to scale and serve our customers regardless of geographic location is extremely exciting,” he said in the announcement. “Developing a strategic plan for growth has to be customer focused, and, as part of the Diversified team, our customers and employees will benefit from new service offerings that truly make a difference in their business.”

Read Next: Why Industry Consolidation Won’t Slow Down in 2017

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