26North Partners, founded by Josh Harris, has acquired AVI-SPL, a leader in audio-visual (AV) and unified communications (UC) technologies.
AVI-SPL serves over 86% of the Fortune 100, providing innovative collaboration solutions for modern workplaces. This acquisition reflects 26North’s focus on partnering with industry leaders poised for growth and marks an exciting new chapter as AVI-SPL joins its private equity portfolio.
Counsel/advisor/support: Kirkland & Ellis and Santander served as legal counsel and financial advisor to 26North. Silver Point Capital Direct Lending led and provided debt financing. Goodwin Procter LLP advised AVI-SPL with Guggenheim Securities and William Blair acting as financial advisors.
KEY QUOTES:
“AVI-SPL exemplifies the kind of business we seek out at 26North: resilient, essential and built for long-term growth. It has a distinct edge in an expanding market and serves a diversified, blue-chip customer base.”
Mark Weinberg, Head of Private Equity at 26North
“We are thrilled to partner with AVI-SPL’s management team on the growth opportunities ahead as demand for digital workplace transformation and experiential technology accelerates.”
Tyler Sipprelle, Managing Director at 26North
