New York - March 2016 - Diversified, a portfolio company of Tailwind Capital, announced that it has acquired The Systems Group ("TSG"). TSG brings an internationally recognized reputation for consulting, design, and integration around broadcast-LAN architecture and file based workflows. The company's space planning, technical consulting, and engineering expertise, along with a talented and experienced staff of professionals, will contribute to Diversified's portfolio of services.
As the market for media technology products and services evolves, customer requirements and knowledge of disruptive business models as well as IP and IT strategic planning is paramount. Diversified's acquisition will add to its deep knowledge in broadcast centric solutions around the globe.
"We are extremely excited that our team is joining Diversified. Over the last two decades we have developed strategic relationships consulting and designing facilities for the top media providers in the world. Joining the Diversified team allows us to focus our engineering expertise and offer a wider range of technical services to our valued clients," said Christopher Mehos, Principal at TSG. Scott Griffin, Principal at TSG, added, "Today's complex IT/IP planning along with file based workflows demand the strongest engineering disciplines and Diversified has the diversity and strength to complement our team to fulfill client needs for increased productivity."
"Over the years we have partnered and competed on numerous projects. I have always respected The Systems Group's organization, engineering process and client-focused business so after NAB last year we started discussions how we could formalize our relationship. This acquisition enables Diversified to build on our broadcast services by leveraging the knowledge and experience of years in business focused on broadcast solutions," said Fred D'Alessandro, Founder and CEO of Diversified. "TSG's thoughtful design, attention to detail and customer loyalty will immediately contribute to our collective client base with the resources to build focused broadcast solutions, of any complexity and scale, across the globe."
Diversified is a leading provider of media technology design, consulting, engineering, and managed services to Fortune 500 corporate customers, educational institutions, broadcast facilities, and large scale performance venues. The company has capabilities that address the complete spectrum of consulting, design, sourcing, installation, and service of highly complex audio, visual, data communications, and network systems. Diversified has over 800 employees and operates 22 integration facilities and sales offices nationwide.
About Tailwind Capital:
Tailwind Capital is a leading private equity firm focused on growth-oriented investments in the lower end of the middle market in targeted sectors within the healthcare, business and industrial services industries in North America. Tailwind partners with experienced management teams and entrepreneurs to transform businesses through organic growth initiatives, acquisitions, and operational and strategic improvements. Since its founding in 2003, Tailwind and its portfolio companies have completed more than 75 acquisitions. The firm currently manages over $2 billion of committed equity capital.