PSAV Acquires AVC Live


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.


            

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