As we turn the calendar to 2016, we are seeing several notable M&A trends in the Professional A/V space. With “collaboration” being dubbed the future of the workplace and the shift from analog to digital signage remaining an unstoppable force, it’s not surprising that companies serving these markets have made attractive targets for strategic M&A and capital raising activity. Despite some choppiness in the broader financial markets, companies in the Professional A/V sector continue to scale and add technology through acquisitions and partnerships.
Intrepid also continued its success in the sector announcing its advisory role in the acquisition of its client, SunBrite Holding Corporation (SunBriteTV), a manufacturer of premium outdoor TV displays and digital signage solutions for residential and commercial applications, by SnapAV, a manufacturer and exclusive distributor of installation-friendly audio, video and CCTV products to residential and commercial A/V integrators.