AVI-SPL and Whitlock Officially Join Forces as Merger is Completed
Marlin Equity Partners announces $1.3 billion mega-merger between two AV industry powerhouses that was first reported in February.
Marlin Equity Partners announces $1.3 billion mega-merger between two AV industry powerhouses that was first reported in February.
AVI-SPL delays Sales Acceleration Summit as it continues strategic integration plan with Whitlock to create reported $1.3 billion company when it’s done.
Whitlock CEO Doug Hall will travel with his high school sweetheart, meet his first grandchild in April—and stay in touch with many of his industry friends.
Diversified and AVI-SPL both cracked the $1 billion annual revenue barrier last week, but what do those deals mean for the overall pro AV industry?
On ep. 91 of AV+, industry journalist Craig MacCormack tells us about how the biggest merger deals in pro AV history happened within 24 hours of each other.
First Diversified, then AVI-SPL broke the $1 billion revenue barrier this week in separate transactions that continue to prove AV is a healthy industry.
Because AVI-SPL and Whitlock are owned by private equity firms, much of the negotiation on the industry’s biggest deal happened without their knowledge.
Marlin Equity Partners will own majority stake of new AVI-SPL, with H.I.G. Capital the minority stakeholder in the AV industry’s largest worldwide entity.
Whitlock leadership adopted nationwide initiative to find cure for juvenile diabetes after founder’s daughter got the disease a decade ago.
New Whitlock majority stakeholder Marlin Equity Partners could represent a change in philosophy for the AV firm that has prided itself on organic growth.