GrowthPoint Acted as Exclusive Financial Advisor to Avyve on its Acquisition by AVI Systems
Avyve is a leading integrator of audio visual solutions.
Minneapolis, MI – AVI Systems today announced the acquisition of Avyve, a leading integrator of audio visual solutions headquartered in Peachtree Corners, Georgia, near Atlanta. The two companies will combine their Atlanta offices into Avyve’s physical location. When fully integrated, AVI Systems will serve the entire southeast United States with audio visual services and solutions designed for any business in every industry segment.
Avyve founders, CEO Merry McCleary and President and COO Chris Bell, will join the leadership team at AVI Systems and all Avyve employees will continue in their current roles with the combined company.
“Avyve is the most professionally run organization we have ever seen in our industry,” said Jeff Stoebner, President and CEO of AVI Systems. “Merry and Chris should be very proud of the business they have built. We’ll honor the Avyve legacy as our combined business grows and serves clients throughout the southeast U.S.”
Avyve was founded in 1998 as an audio visual solutions integrator with a keen focus on technology solutions for corporate workplaces. Over the last decade, Avyve has expanded their service reach nationally, designed and built a 15,000 square foot world-class Experience Center and launched Merris, a manufacturer of connected conference room tables. Both the Experience Center and Merris will become part of AVI Systems offerings.
“Joining the AVI Systems team is truly a dream come true for me.” said Merry McCleary. “From our first meeting, I quickly realized the alignment we had in regard to vision and corporate culture. By coming together, Avyve can better serve our clients and alliances, nationally and globally.”
Chris Bell shared “We’re excited to expand our capabilities by leveraging the talent and resources of our joint operations with the synergy that exists between our companies. Truly a win for all.”
The transaction is scheduled for completion on December 1, 2020. The combined companies will operate under the AVI Systems brand.
ABOUT AVI SYSTEMS
Organizations who value the power of visual communications trust AVI to enable people and teams to communicate their critical ideas. AVI technologies accelerate decision making, improve human interactions and create immersive digital experiences. For more information about AVI Systems, please visit www.avisystems.com
ABOUT Avyve
Avyve is a recognized audio visual system integrator headquartered in Atlanta. For 22 years, organizations have relied on Avyve for AV installation, training and maintenance services for presentation, collaboration and meeting spaces. Focused on process and performance, Avyve delivers AV systems that support each client’s technology strategy to communicate, engage and interact. For more information about Avyve and Merris, please visit www.avyve.com and www.merris.com.