Electrosonic Acquires DRV
Electrosonic has announced that it has acquired The Multimedia Group Ltd owners of the DRV companies DRV Integration Ltd and DRV Support provider of multimedia managed service and maintenance solutions to organisations across the UK.
According to the company, the acquisition further expands the reach of Electrosonic’s audio-visual solutions and reinforces its focus on growing its service business.
“DRV is a perfect fit with Electrosonic. This acquisition aligns well with our strategic goals and also brings a wealth of talent and experience into the Group,” said Jim Bowie, President of Electrosonic Group.
Electrosonic and DRV’s operations will over time be combined in a manner that strengthens existing services. Operational synergies will enable the introduction of new offerings highly relevant to customer needs.
“We are excited to have the DRV companies become part of the Electrosonic Group,” says David Ambrose, Managing Director of Electrosonic Ltd. “The depth of DRV’s Multimedia services and expertise complements our strengths in many ways and will help us expand into new areas. I have a high level of respect for DRV’s achievements in our industry and am confident that the unique strengths of both organisations will enhance the way we serve the customer.”