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Audiovisual to Acquire Some MCSi Assets

Audiovisual (www.audiovisualinc.com) signed a Letter of Intent to purchase certain assets located in the Midwest region of MCSi. Specifically, Audiovisual

Audiovisual to Acquire Some MCSi Assets

Feb 10, 2004 12:00 PM

Audiovisual (www.audiovisualinc.com) signed a Letter of Intent topurchase certain assets located in the Midwest region of MCSi.Specifically, Audiovisual is proposing to acquire certain assets of theMCSi offices in five cities: Chicago; Bensenville, Illinois; GrandRapids; Madison, Wisconsin; and Milwaukee.

This region for Audiovisual will operate under the name AVI Midwest,LLC. Michael Vergauwen will serve as president and COO, leading anddirecting these five offices for Audiovisual. Audiovisual is a leadinvestor and will provide many operational functions for AVI Midwest,LLC.

“We are pleased to expand our footprint and best practices into thisgeography,” says Joe Stoebner, CEO of Audiovisual. “These markets havebeen strong for many years, and we are pleased to be able to serve thecustomers of Video Images and Midwest Visual, as they merged into MCSi.With Michael’s leadership, we can do this.” Audiovisual (dba) doesbusiness as AVI Systems, Audio Systems Company, and Televideo SanDiego. Audiovisual is an electronic systems integration company withoffices in Minneapolis; Kansas City, Kansas; Des Moines; Omaha; St.Louis; San Diego; and Bismarck, North Dakota.

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