PSAV(R) Acquires AVC Live

PSAV(R) Acquires AVC Live

ID: 389169

(Thomson Reuters ONE) -


SCHAUMBURG, Ill., April 28, 2015 (GLOBE NEWSWIRE) -- PSAV announced today it has
acquired AVC Live, a specialist technical production company with a presence in
London and the South East of the UK. AVC is a market leader in providing
audiovisual and production services to hotels and venues and has an impressive
client base throughout numerous sectors, spanning 34 years of operation.

PSAV continues to seek growth in the international marketplace, as well as
developing the right partnerships; thus the acquisition of AVC. With PSAV's
reputation of five-star service and AVC's high-end production capabilities, the
two companies provide a perfect match to achieve PSAV's goals. Clients will
benefit from the expanded resources in the UK market including increased access
to specialized technicians, consultative sales, creative services and advanced
equipment, as well as legendary customer service.

"The entire PSAV family is extremely excited to welcome AVC to our group. Their
strong market presence in the UK complements our growth efforts in Europe, while
also being a strong partner due to their solid reputation in providing
audiovisual services, event scenery and digital offerings," said PSAV President
and CEO, Mike McIlwain. "With this partnership, we will be able to provide our
customers more resources in more places throughout the world."

AVC's CEO, Patrick Hill, who will assume the new role as PSAV's European
Managing Director, stated, "These are exciting times ahead. This acquisition
offers a combined resource and wealth of experience. This allows us to offer our
clients a competitive, consistent and seamless proposition irrespective of
location. I am looking forward to joining the PSAV family and developing the
PSAV portfolio throughout Europe."

Due to AVC's similar culture and business structure, it will continue operating




as AVC in the UK at this time. The operational structure and leadership team at
AVC will remain in place to assist with the transition and manage client
relationships.

PSAV has been setting the standard for event technology services within the
hotel, resort and conference center industry since 1937. This strategic
accomplishment has been made through the use of unparalleled local resources
throughout the world servicing the corporate, association, tradeshow and special
event industries. PSAV's services include audiovisual support, as well as video
mapping, creative services, 3-D rendering and CAD support, stage design,
production, rigging, power, virtual meetings, simultaneous interpretation,
internet and network support. Through a spirit of hospitality and technology
innovation, PSAV has been delivering flawless events with ingenuity and
inspiration for over 78 years.

About PSAV(®)

PSAV provides legendary service and innovative technology to create memorable
experiences for planners, producers and customers across the corporate,
association and special event markets. Combining local expertise and the
broadest array of event technology, PSAV offers more resources in more places
than any other audiovisual partner. PSAV employs more than 5,000 full-time,
highly trained professionals in 1,400 destination resorts and hotels throughout
the U.S., Canada, Caribbean, Mexico, Europe and the Middle East. www.psav.com

Andee Oleno
(480) 905-3445
aoleno(at)psav.com
www.psav.com




This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: PSAV via GlobeNewswire
[HUG#1916080]




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Bereitgestellt von Benutzer: hugin
Datum: 28.04.2015 - 16:39 Uhr
Sprache: Deutsch
News-ID 389169
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