AVI Systems Expands Operations with Acquisition of AVCON
AVI Systems has announced an exciting development in its growth strategy by acquiring AVCON, a systems integration firm based in North Carolina. This acquisition is set to close on January 15, 2025, and represents a significant step forward in enhancing AVI’s capabilities in the audiovisual industry.
The Legacy of AVCON
Founded in 1997 by Frank Yarborough, AVCON has established a remarkable reputation in the Southeast for its dedication to top-quality audiovisual design, installation, and support. The firm has prioritized building strong relationships with its clients, ensuring that each project is tailored to meet their specific needs and objectives.
Yarborough's vision was clear from the start: to create the best audiovisual systems integrator in the region. His focus on assembling a team of committed experts has allowed AVCON to thrive, making substantial contributions to various organizations including corporate entities and houses of worship.
AVI Systems' Vision for the Future
Jeff Stoebner, CEO of AVI Systems, expressed his enthusiasm for this acquisition. He noted, "AVCON’s commitment to customer satisfaction aligns perfectly with our mission at AVI Systems. We are eager to welcome Frank and his experienced team as employee-owners, which will help us enhance our growth strategy." This acquisition reflects AVI's broader initiative to establish itself in new markets, further strengthening its presence across the Eastern United States.
AVI Systems has made significant strides in expanding its operations into markets like Massachusetts, New York, Washington, D.C., Tennessee, and Florida since 2022. The integration of AVCON will solidify their customer service capability in North and South Carolina and Southern Virginia, where a physical location will continue to operate.
Synergies and Market Leadership
With 1,300 professionals spread over 41 U.S. locations after incorporating AVCON, AVI Systems is poised to handle greater operational demands and serve larger multi-national clients. Furthermore, as the Regional Business Unit for GPA in the United States, the company is set to leverage its capabilities to cater to organizations with global operations.
The alignment between AVI Systems and AVCON signifies a strategic partnership aimed at innovating the audiovisual landscape, focusing on enhancing human connections through technology. Both firms share a vision of excelling in client relationships, which serves as a key differentiator in a competitive marketplace.
About AVI Systems
AVI Systems specializes in enhancing organizational interactions through cutting-edge audiovisual and unified collaboration systems. With a broad network of 40 locations and a global reach, the company collaborates with a multitude of organizations that appreciate the potential of visual communication. Through their initiatives, AVI Systems aims to accelerate decision-making, enrich human interactions, and deliver compelling digital experiences.
Frequently Asked Questions
What prompted AVI Systems to acquire AVCON?
The acquisition is part of AVI Systems' strategy to expand its foothold in the audiovisual sector and enhance service quality for its customers.
When will the acquisition of AVCON be finalized?
The acquisition is expected to close on January 15, 2025.
How will this acquisition benefit AVI Systems' customers?
This acquisition will enable AVI Systems to provide enhanced service and support to customers in North Carolina and beyond, thanks to the integration of AVCON's experienced team.
Who is the founder of AVCON?
Frank Yarborough founded AVCON in 1997 and has been instrumental in building its strong reputation in the audiovisual industry.
Where does AVI Systems operate?
AVI Systems operates in 41 locations across the United States, focusing on providing superior audiovisual solutions to a wide range of clients.
