State of the Industry 2020: Global Growth & Acquisitions
Commercial Integrator interviews industry leadership on expanding global integration capabilities, both organically and through acquisition.
In the third and final installment of Commercial Integrator’s annual series on the State of the Industry, Craig McCormick’s interviews take us on a journey of the global integration growth and acquisition landscape.
The AV industry has been experiencing growth that is double the pace of that of others, according to AVIXA CEO David Labuskes. For this reason, private equity and venture capital companies are becoming more and more attracted to the industry and the idea of investing in it.
Diversified, a company well-known in the industry for a strong focus on global growth, will continue to build upon their existing global footprint in the new decade.
Asia and other global markets are “just hungry for the types of services we provide,” says [Anthony Cuellar], Diversified senior VP of global marketing. “That’s opening a few opportunities for all of us.”
Although global expansion has been a huge goal for the company, Diversified’s acquisition strategy has not only been based on geography but also the diversification of its service offerings. Continued growth in both of these areas will better allow Diversified to deliver the best technology solutions for its clients for years to come.