Diversified Acquires Digitavia
New York – June 2018 – Diversified, a portfolio company of Tailwind Capital, announced that it has acquired Digitavia. Based in the United Kingdom, Digitavia provides standardized AV solutions and support services that deliver an efficient and predictable outcome. This transaction represents the sixth add-on acquisition for Diversified since Tailwind invested in the company in December 2015.
The acquisition expands Diversified’s global reach from its APAC hub in South Korea to an EMEA hub in the United Kingdom. Having acquired MCW in late 2017, which brought multiple new international projects to the table, the expanded global team will strategically increase Diversified’s operational efficiency. Additionally, Digitavia’s expertise in standardized collaboration spaces enhances Diversified’s existing solution set.
Diversified Founder and CEO, Fred D’Alessandro said, “In today’s global economy, overseas expansion is a necessary step in continuing our strategic plan and success. Having successfully partnered with the Digitavia team on multiple projects in the past, the decision to combine our companies and bring them into the Diversified family was a natural fit.”
“Digitavia has always operated with a commitment to delivering the highest levels of engineering and installation standards,” said Daryl Clarke, Digitavia Co-founder and Managing Director. “In working with Diversified and recognizing a similar dedication to providing the best, we knew the merger would be a perfect marriage of organizational strengths.”
Darren Pitt, Digitavia Co-founder and Sales & Marketing Director, commented, “We are very excited to announce this merger and eager to hit the ground running to build upon our existing international presence. Combining our specialized services with Diversified’s strong engineering focus and market position will provide limitless opportunities to scale and improve the overall client experience.”
Diversified is a leading provider of media technology design, consulting, engineering and managed services to Fortune 500 corporate customers, educational institutions, broadcast facilities and large scale performance venues. The company has capabilities that address the complete spectrum of consulting, design, sourcing, installation and service of highly complex audio, visual, data communications and network systems. Diversified is one of the largest systems integrators in the country. For more information on Diversified, please visit www.diversifiedus.com.
About Tailwind Capital
Tailwind Capital is a middle market private equity firm focused on growth-oriented investments in targeted sectors within healthcare, business and industrial services. Tailwind partners with experienced management teams and entrepreneurs to transform businesses through organic growth initiatives, acquisitions, and operational and strategic improvements. Since inception, Tailwind has managed over $3 billion of committed equity capital, and has invested in 37 portfolio companies and over 60 add-ons.