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PSAV Acquires Southern Audio Visual

19:00 EST 30 Nov 2016 | Globe Newswire

SCHILLER PARK, Ill., Dec. 1, 2016 (GLOBE NEWSWIRE) -- PSAV announced today it has acquired Southern Audio Visual (SAV), a high-quality provider of live event audiovisual experiences for clients and luxury hotel partners based in Miami, FL. Family led since its founding in 1947, SAV has a long-established culture of service excellence and collaborative partnerships that make it a perfect fit with PSAV.

"We are excited to have the SAV team members join our PSAV family. Together we will be able to deliver our valued customers the deepest and most capable technology resources in the meetings and event industry today," said PSAV President and CEO, Mike McIlwain. "The addition of SAV is an important step toward PSAV's goal of being the ultimate local resource for corporate, association, and event planners around the globe."

SAV has valuable partnerships with 26 marquis luxury hotels and resorts in the U.S. and a highly talented group of employees. The combination broadens PSAV's existing domestic footprint and further increases density in the key meeting markets of Miami, New York, Chicago and Washington, D.C.

"We are thrilled to become an integral part of the PSAV family as we share common cultural values and the desire to achieve the highest level of service excellence," said Paul Lowenthal, current CEO and grandson of the founder. "We will continue our hands-on personalized service approach and the combination of our two great organizations will provide seamless and enhanced value for our hotel partners and direct clients."

SAV will operate independently under its current leadership while the companies identify the best opportunity to enhance service and support to their hotel, corporate, and association customers.

About PSAV®
PSAV is a leading provider in the global event technology services industry delivering creative production, advanced technology, and staging to help our customers deliver more dynamic and impactful experiences at their meetings, tradeshows and special events. As the event technology provider of choice at nearly 1,500 leading hotels, resorts and convention centers throughout the U.S., Canada, the Caribbean, Mexico, Europe and the Middle East. PSAV's customers comprise event organizers, corporations, trade associations and meeting planners who choose PSAV for its innovative and comprehensive service offerings, exceptional customer service from 8,200 highly trained staff across a global platform. Visit us at www.psav.com and www.company.psav.com

CONTACT: Adam Kroll
         (847) 354-4516
         akroll@psav.com
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