New York – October 2016
– Diversified, a portfolio company of Tailwind Capital, announced that it has acquired Media Management. Media Management is based in Dallas, TX and brings a strong reputation, market share, and expertise in corporate A/V, healthcare, IT design, and integration services in the southwestern United States. This transaction represents Diversified’s third add-on acquisition since Tailwind acquired the company in December 2015.
Media Management’s Dallas, TX location not only adds skilled team members to the Diversified roster of industry veterans but also meets the growing demand for technology solutions in and around the Dallas area. With the existing regional office in Houston, Diversified will be able to provide an unprecedented level of support in the southwest region.
"We are extremely excited that our team is joining Diversified. After growing our business serving clients for nearly two decades, we have developed strategic relationships as our customers’ trusted partner, providing unique solutions in challenging environments,” says Scott McMullan, Founder, Owner and President, Media Management. “Joining the Diversified team allows us to expand our services and technology solution sets with global partners in all major markets.”
“As a trusted advisor, our clients demand expert solutions in literally every aspect of their technological business process,” adds Bob Dungan, Owner and General Manager, Media Management. “Diversified’s engineering disciplines in every manner of planning, A/V, broadcast, IT, and manage services allow us to provide our clients a complete solutions offering wherever they need communication and collaboration technology.”
"Building the best and most dynamic technology company in our industry has been my goal for over 20 years,” says Fred D'Alessandro, Chairman and CEO of Diversified. “To do that you need a great team, and Scott and Bob have built a strong and talented team and corporate culture that is perfectly suited to serve our clients. The healthcare practice is especially important as we grow in that key vertical. Further, this merger enables Diversified to immediately build on our portfolio services by leveraging the knowledge and experience of years in business focused on delivering best in class solutions.”
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.
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 funds with $2 billion of committed equity capital, having invested in 35 portfolio companies and 53 add-on acquisitions.