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AVI and SPL Complete Merger

Audio Visual Innovations (AVI) and Signal Perfection (SPL) announced that they have officially merged into AVI-SPL and become the largest global AV integrator. 4/23/2008 5:26 AM Eastern

AVI and SPL Complete Merger

Audio Visual Innovations (AVI) and Signal Perfection (SPL) announced that they have officially merged into AVI-SPL and become the largest global AV integrator.

Audio Visual Innovations (AVI) and Signal Perfection (SPL) announced that they have officially merged into AVI-SPL and become the largest global AV integrator.

With more than 1,200 employees in over 40 offices across the United States, Mexico, and Dubai, company officials said AVI-SPL now provides several services, including custom design and installation of AV equipment, as well as rental services, product sales, managed conferencing, IP integration, staging and production, and event management services for the corporate, education, healthcare, government, hospitality, financial, performance, stadium, and house of worship markets.

"This merger enables AVI and SPL to build on their respective track records by creating a new company with a national and global presence while offering our customers a wide range of services that are consistent and compatible across geographies and throughout an enterprise," said Martin Schaffel, executive chairman of AVI-SPL, in a statement. "Our customers can now employ just one company for all of their AV needs for all of their locations across the map."

"We believe our clients want to work with a company with sophisticated resources, a high level of brand recognition, and rock-solid reliability," added Dennis Cahill, a director of AVI-SPL. "Joining together AVI and SPL gives us the scale we need to continue meeting the needs of the world's most demanding clients and to drive better understanding in the marketplace of how AV can help companies become more productive."

The merger was supported by equity financing from Silver Lake Sumeru, the middle-market group of investment firm Silver Lake. The financial terms of the investment were not disclosed.



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