New York – October 2017
– Diversified, a portfolio company of Tailwind Capital, announced its acquisition of Ashburn, VA-based MCW. The acquisition strategically expands Diversified’s service offerings with the addition of an established electronic security business across the U.S. and Europe. MCW has a strong presence in the Mid-Atlantic region with a growing client-base in multiple markets. The expanded offerings and combined capabilities will provide clients with an unprecedented level of support and an enhanced customer experience. This transaction represents Diversified’s fifth 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. MCW’s capabilities in all areas of integrated technology, particularly electronic security and surveillance, are a natural extension of our existing portfolio, and will enable us to deliver a broader set of solutions to meet our customers’ current and future needs.”
The acquisition expands Diversified’s highly skilled workforce to approximately 1,500 employees, with specialists delivering cutting edge solutions to today’s leading markets. It complements an existing complete customer solution platform that encompasses business consulting, presentation technologies, unified communications, dynamic signage, live events, security, command and control, broadcast, medical, and comprehensive IT solutions.
“It was clear from the beginning that Diversified and MCW share a common vision for the future of integrated technology services,” said Ghattas Hajjo, MCW’s President and Co-founder. “We are proud of what our team has built and very excited for the opportunity to expand that vision across the globe.”
Michael Burnstein, CEO and Co-founder of MCW, commented, “I am looking forward to being able to offer our clients the collective experience of both companies and deliver more robust technology solutions. We truly believe that Diversified’s nationwide presence, combined with MCW’s strong footprint in the Mid-Atlantic and overseas, will make a positive difference in our ability to serve our customers and employees, alike.”
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 industrial services, healthcare and business services. Tailwind partners with experienced management teams and entrepreneurs to transform businesses through organic growth initiatives, acquisitions, and operational and strategic investments. Tailwind manages over $2 billion of committed equity capital and has invested in 33 portfolio companies and 55 add-on acquisitions.