New York – August 2021
– Diversified, a portfolio company of Tailwind Capital, announced that it has acquired HB Communications, a leading audio visual integration firm headquartered in North Haven, CT. This transaction represents Diversified’s twelfth acquisition since Tailwind acquired the company.
HB’s complementary solutions portfolio—including audio visual, broadcast, collaboration, creative services, digital signage and managed services—will further enhance Diversified’s comprehensive offerings and provide needed support to address a growing and changing marketplace. With a greater workforce presence now in the Northeast, the acquisition positions the company to help more organizations answer the call of modern digital media, communications and collaboration needs. The acquisition also provides existing HB clientele access to additional technology specialties such as security and IT as well as professional resources on a global scale—enhancing their operations with a single dedicated technology partner.
“Since we share a common mission centered on connecting people and organizations by empowering communications worldwide, joining Diversified offers a host of exciting new opportunities for our team,” adds Dana Barron, CEO of HB Communications. “Given Diversified’s reputation of engineering excellence, innovation and dedication within the market, I know that we will achieve great things together.”
In addition to the expanded geographical footprint, HB’s long list of high-profile clients in both higher education and corporate enterprise adds an impressive track record of experience to Diversified’s repertoire. And, as the first major acquisition in the industry since the pandemic, this move demonstrates Diversified’s continued commitment to growth—seizing opportunities that are mutually beneficial to its clients and internal teams.
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 onediversified.com.
About Tailwind Capital
Tailwind Capital is a private equity firm focused on growth-oriented investments in targeted sectors within industrials, technology & business services and healthcare. Tailwind partners with experienced management teams and entrepreneurs to transform businesses through organic growth initiatives, acquisitions, and operational and strategic investments. Since inception, Tailwind has invested in 47 portfolio companies and over 140 add-on acquisitions.