AVM acquires Impact in UK integration shake-up
AVM has acquired Impact with the two firms merging to form a huge UK integration firm under the name AVM Impact and led by CEO Edward Cook.
AVM has stated that the newly merged company will be the UK’s largest provider of AV and VC solutions with both organisations retaining all staff.
Speculation had been growing that AVM would expand through further acquisitions after an MBO in July 2012.
The newly merged group intents to continue its role within both the AV Global Alliance and the Global Presence Alliance, global networks that AVM and Impact had been respective active members of.
Edward Cook, formerly CEO of AVM, will retain the title across AVM Impact. In a written statement he said: "AVM Impact will benefit customers by combining each company’s strengths and by taking advantage of economies of scale that have not yet been seen in the UK audio visual market.
"We trust that all customers will enjoy the resulting and unparalleled pool of both offsite and onsite AV service engineers and benefit from the merged entity’s superior purchasing power.
"Furthermore, AVM’s existing customers will gain access to Impact’s market leading Facilities Management Software solutions while Impact’s existing customers will gain access to AVM’s True Collaboration "meeting space" solutions and AVM’s Creative Services for digital signage.
"It is also our aim to use our scale to develop ever more sophisticated engagement models and standards based solutions to meet the needs of the global communications and IT industries with which we partner extensively.
"I am very excited about the prospect of delivering a whole new level of service, which includes genuine global capabilities, to customers and partners in our market."
AVM Impact will be headquartered in Sunbury, Middlesex with additional offices throughout the UK.