Diversified Acquires TSL FZ
New York – July 2018 – Diversified, a portfolio company of Tailwind Capital, announced the establishment of an office in Dubai via an acquisition of TSL FZ, Dubai Studio City, and a proven award-winning team of engineering talent. This transaction represents Diversified’s eighth add-on acquisition since Tailwind acquired the company in December 2015.
“We are thrilled by the tremendous opportunity for growth in the region,” said Fred D’Alessandro, Diversified’s Founder and CEO. “Our clients are experiencing rapid growth and demanding unique and innovative solutions as IP, AI and IoT technologies apply to every aspect of their businesses. Our aim is to have a world class Middle East team, working with the most diverse, advanced and experience engineering team across the globe to better serve our client’s growing demands.”
Suhail Ahmed, TSL FZ CTO said, “Our team is very excited at the prospect of joining Diversified. We share the same engineering centric approach to every solution and with Diversified’s scale and wide range of services and support, we can build upon our longstanding client relationships. Leveraging the experience and best practices gained from proven solutions across multiple industries will add value to every customer engagement.”
“Diversified’s financial strength will enable us to grow the regional operations and provide our full portfolio of technology solutions sets,” added Kevin Collins, Diversified’s President and COO. “We expect the growth in EMEA to continue at a rapid pace and we will be well positioned to serve the region with our multiple technology specializations.”
The acquisition will expand Diversified’s global reach from its APAC hub in South Korea to an EMEA hub in the United Kingdom with offices in London, Ireland and Dubai. All ten divisional specialties and solution sets will be offered with emphasis on Media and Entertainment, Digital Signage and Managed Services, Advanced Visual Environments and Display as well as Intelligent Technology Solutions around IT networks network security and data centers.
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 65 add-ons.