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Verrex Grew $10 Million… While Expanding Across the Globe

Published: 2018-08-20

Conferencing solutions company Verrex knows how to commit to things. Several years ago, they were the integration firm that was thoroughly committed to its customers, the overwhelming majority of which were in the corporate market.

A few years later, Verrex remained committed to that market — so much so that it committed to help those customers as they expanded globally. The company launched and invested in a global AV strategy that grew its business dramatically.

Verrex, conferencing solutions company

Most recently, Verrex opened a Los Angeles area office — its seventh worldwide location — that provides it with a platform to commit to even more markets.

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As Theresa Hahn says, the Cypress, Calif., office “has added new vertical markets such as FinTech and entertainment-related, as well as growth in our existing strengths in legal, finance, and professional services.”

“The opportunities for growth in California within our established verticals such as finance, legal, advertising, high-tech, pharma and bio-tech and consumer brands coupled with new verticals in entertainment and a booming start-up segment, will no doubt make our Los Angeles office a crucial resource for clients and partners.

It has also provided the conferencing solutions company with more of a U.S. footprint to complement what has become a global reach.

Read Next: 18 Fast-Growing AV Integration Firms and What You Should Learn from Them

“Our Asia Pacific clients have also recognized the benefits of our California office, creating additional opportunities from Hong Kong back into the USA,” she says.

As for what market factors have propelled the company’s growth, Hahn says it’s a matter of following customers’ demands. Video walls, global managed services contracts, and increase in amenity, wellness, and collaboration spaces versus individual offices are all highly sought.

“Opportunities have also come from the significant boom in construction in our key regions including the largest private real estate development project in the history of the U.S., Hudson Yards in NYC, creating demand through new corporate office build-outs in this new ‘neighborhood,’across several years.”

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