Thursday, April 17, 2008

AVI-SPL Merger Finalized

Reader Jeff forwarded this along...

We are pleased to announce the merger between Audio Visual Innovations and Signal Perfection Ltd. (SPL) is now official. Welcome to AVI-SPL - the largest global audio video systems integration and services firm.

The merger between AVI and SPL unites two companies with strong reputations for delivering unsurpassed presentation and collaboration solutions. Collectively, AVI and SPL have completed more than 20,000 projects for an array of clients. For more than 40 years AVI and SPL have focused on excellence by highlighting the importance of positive customer relationships, highly trained sales and marketing, technical, and operations teams, and a diverse offering of the industry's leading product lines.

This union will bring stability for employees and the company as a whole. This opportunity will fuel our growth, enabling us to build on our national and international presence. Clients are looking for a company with brand recognition and a valuable reputation that can provide for all their audio video needs. With the only comprehensive national footprint in the industry, and largest array of products, services and advanced skill sets, we are the number one provider of audio video systems integration and services.

Over the next six months, our transition into AVI-SPL will involve the integration of more than 1,200 employees. Since both companies have proven strengths, we intend to embrace the best practices from each other. We also will be receiving support from our new partner, Silver Lake Sumeru. Silver Lake is the world's leading technology focused investment firm, and Silver Lake Sumeru is their team devoted to working with enterprises at the scope and scale of AVI-SPL.

Their investment is an important vote of confidence and we look forward to the valuable experience and network of relationships they will bring to our combined company as we continue to grow our business.

For your convenience, we have attached a copy of the press release that has been distributed to the media. Please stay tuned for further updates on the company intranet site as well as additional e-mail communications. If you have any questions or concerns, be sure to contact your immediate supervisor or refer to the enclosed key contacts sheet.

When it comes to the future of the audio video industry, AVI-SPL holds the key. On behalf of the executive management team, welcome to the AVI-SPL family.

Sincerely,

Marty Schaffel, Executive Chairman
Chad Gillenwater, Vice Chairman

To view the press release, please click here:
http://www.avispl.com/pressroom/AVI-SPLRelease.asp