Top 5 Provider of media tech solutions & integration services to the Fortune 500 receives major investment.
Rochelle Park, NJ – DAK, a leading investment bank specializing in middle-market mergers and acquisitions worldwide, announces that New York-based private equity firm Tailwind Capital has made an investment in Diversified, a long-term client of DAK.
DAK served as the exclusive investment banker and financial advisor to Diversified, working initially on locating suitable partners, managing the competitive process and completing the transaction.
This transaction capitalized on Diversified’s outstanding reputation for addressing the complete spectrum of design, sourcing, installation and services of the most advanced audio, data, visual communication networks and computer network systems in the world. Diversified clients span a broad range, from Fortune 500 corporate customers, educational institutions, broadcast facilities and large scale performance venues.
With its founding in 1993, Diversified has grown steadily over the years to be ranked by Systems Contractor News as a top five systems integrator in 2015.
“We have built a strong reputation in the audio -visual and broadcast integration marketplace. Our superior engineering and innovation coupled with Tailwind’s investment will allow us to reach our next stage of growth even quicker” said Fred D’Alessandro, Founder and CEO of Diversified.
Alan Scharfstein, President of DAK stated “DAK led a global search process to identify the correct partner for Diversified Systems. We selected Tailwind as that partner providing both liquidity to stakeholders and the commitment to fund significant expansion of Diversified’s services and footprint.” The DAK Deal team included Alan Scharfstein, President and Ari Fuchs, Director.
Diversified is an industry leader in custom solutions and managed services for a broad spectrum of media delivery challenges. They specialize in the use of technology for complex and scalable professional broadcast, corporate communications and digital signage networks that provide businesses with the enhanced capability of creating, managing and monetizing original digital content.
Since 1984, DAK has executed hundreds of transactions across a wide range of industries, including food, industrial, manufacturing and distribution, telecommunications and technology, business services, packaging, consumer products and healthcare. As a leading investment bank exclusively serving the middle market in the areas of buying and selling businesses, financial restructuring, capital advisory, valuations and fairness opinions, DAK offers a propriety process that allows clients to maximize the value of their business.
Deal Team Contacts
Alan J. Scharfstein – President
Ari Fuchs – Director