AVI-SPL, a portfolio company of HIG Capital, has acquired VideoLink LLC. Financial terms weren’t announced. Boston-based VideoLink provides broadcast quality production for top cable and network television organizations. G2 Capital Advisors LLC advised VideoLink.
TAMPA, Fla. – January 3, 2017 – AVI-SPL, the global leader in enterprise grade audio visual (“AV”) systems integration and collaboration solutions, today announced the acquisition of VideoLink LLC (“VideoLink”). VideoLink’s best-in-class broadcasting and production technologies, including its patented ReadyCam® video studio and EnhancedIP® transmission network, will enhance AVI-SPL’s leading broadcasting capabilities and bolster its unmatched collection of technology solutions essential to today’s organizations.
Headquartered outside Boston, VideoLink has provided broadcast quality production solutions to simplify live, on-air appearances for top cable and network television organizations worldwide since the company was founded nearly 25 years ago by Doug Weisman and Gina Chudnow. Deploying the same high-quality, easy-to-use technology, VideoLink is a trusted partner for Fortune 500 and enterprise companies, as well as institutions seeking a wide variety of video services to achieve their marketing and communications goals. With a rising number of millennial workers triggering digital workplace transformation worldwide, AVI-SPL’s one-stop-shop provides top technology solutions to support the vast needs of its customer. The acquisition will expand AVI-SPL’s leading enterprise video platforms and continues its enrichment of technology solutions offerings.
“Recognizing the growing demand for video among global enterprise companies and institutions, strengthening our leading broadcast capabilities to further support our customers’ workplace transformation needs became a top priority,” said AVI-SPL CEO John Zettel. “We are thrilled to combine AVI-SPL’s and VideoLink’s best-in-class broadcasting technology, and bring high-quality video and production to our customers.”
“Combining with AVI-SPL brings tremendous benefits to our customers and our employees, and will rapidly accelerate growth for VideoLink. Our products and services are highly complementary, and we are excited to now have the access to the resources and market presence that AVI-SPL has built,” said Richard Silton, President and CEO of VideoLink.” Silton has joined AVI-SPL and will continue to lead the VideoLink team.
Doug Weisman, Founder of VideoLink commented, “Gina (Chudnow) and I are excited to see this new partnership grow and further enhance the business. We are so grateful for the dedication and creativity of all VideoLink employees; there is no doubt that combining with AVI-SPL provides tremendous growth potential for all parties involved, including our customers.”
G2 Capital Advisors, LLC (“G2”) served as the exclusive advisor to VideoLink on the transaction.
AVI-SPL designs, builds, integrates, and supports systems and environments that enable communication and collaboration. AVI-SPL has highly trained and certified system engineers in offices throughout the United States, Canada, and EMEA in addition to an international network of solution providers in 30 countries. Visit www.avispl.com for more information or connect with AVI-SPL on Twitter, Facebook and LinkedIn.
VideoLink provides clients a full suite of video production services. From video strategy consulting to cost-effective video distribution, they help clients use video strategically to create better outcomes. As a strategic video marketing partner, VideoLink uncovers new ways to use video communication and help produce flawless video projects – from live TV and live video web broadcasts to creative video presentations, satellite media tours, and highly-effective corporate communications.