New York – June 2017
– Diversified, a portfolio company of Tailwind Capital, announced its acquisition of Portland, OR based CompView. The acquisition strategically expands Diversified’s nationwide operations with the addition of 8 new locations. CompView also contributes unique capabilities in serving the corporate enterprise, higher education, and healthcare markets. The expanded footprint and combined capabilities will provide clients with an unprecedented level of support and an enhanced customer experience. Wells Fargo Advisors acted as the exclusive financial advisor to CompView. This transaction represents Diversified’s fourth add-on acquisition since Tailwind acquired the company in December 2015.
Diversified Chairman and CEO, Fred D’Alessandro said, “As Diversified grows, we continue to seek out innovative companies that can help us transform the client experience. CompView has built a tremendous business. The success of both companies is based upon a culture of providing world class customer service, innovative technology solutions, and industry leading processes.”
The acquisition expands Diversified’s highly skilled workforce to approximately 1300 employees, with specialists delivering solutions across eight market divisions. It complements an existing complete customer solution platform that encompasses presentation technologies, unified communications, dynamic signage, live events, security, command and control, broadcast, medical, and business consulting.
Scott Birdsall, CompView’s CEO, commented, “We are pleased to announce this combination with Diversified and believe our clients and employees will benefit greatly from this transaction. Diversified’s engineering strength and commitment to high-touch regional service will enable the combined company to better serve our clients in this growing marketplace.” As a key member of the Diversified executive team, Scott’s expertise and experience will be paramount to driving continued growth.
“As an entrepreneur I’m always thinking about how to create a better customer experience,” says Paul White, Founder, CompView. “The opportunity to scale and serve our customers regardless of geographic location is extremely exciting. Developing a strategic plan for growth has to be customer focused, and, as part of the Diversified team, our customers and employees will benefit from new service offerings that truly make a difference in their business.”
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 has over 800 employees and operates 22 integration facilities and sales offices nationwide. For more information about Diversified, please visit http://www.diversifiedus.com.
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 funds with $2 billion of committed equity capital, having invested in 33 portfolio companies and 52 add-on acquisitions.