AVI-SPL has announced that it has reached an agreement to acquire Grupo ICAP Global (ICAP Global) of Latin America and Spain.
The combined entity will serve clients with the widest portfolio of AV, UCC, IoT, and managed services backed by the largest global team positioned locally across North America, South America, Europe, and Asia.
This expansion is said to deepen AVI-SPL’s commitment to serving Spanish-speaking markets, where the brand sees increased demand from local and global companies alike.
Previously, AVI-SPL acquired the assets of Multimedia to support growth in Mexico. Now, with ICAP Global’s teams and established business locations, AVI-SPL will offer clients in Latin America and Spain the subject matter expertise to expediently navigate the complexities of doing business there.
John Zettel, CEO of AVI-SPL, commented: “We’ve long admired ICAP Global’s remarkable success and industry leadership. They became the leading AV and UCC service provider in their markets by consistently creating client value through outstanding quality and exceptional service. Now, we’ll work and grow as one as we expand globally to serve our customers locally wherever they need us.”
Martin Saul, CEO of Grupo ICAP Global and chairman of the AVIXA Board LSC, concluded: “The AV and Integrated Experiences Technology Industry is undergoing tremendous transformation and growth. We see this as the ideal moment to combine forces with AVI-SPL so we can serve the most clients in the most regions with consistently exceptional services and customer experience, enriched by cultural diversity.”