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3yrs ago Private Equity privateequitywire Views: 171

Avedon Capital Partners expands Kinly platform with AVMI acquisition

Submitted 03/06/2020 - 11:02am

Kinly – a global specialist in video collaboration services, headquartered in Amsterdam – has acquired AVMI – a global AV-integrator and managed services provider, headquartered in London.

Kinly and AVMI operate in over 20 locations throughout Europe, USA and APAC, serving clients in over 125 countries with over 1,200 talented and passionate employees. 

Robbert Bakker, CEO of Kinly says: “We are very excited to announce that AVMI, a leading UK based global AV integrator, will join and strengthen the Kinly team. The combination of our businesses will support our strategy to expand our international presence. Together, we offer our clients a truly global service and holistic portfolio of high quality and secure video collaboration solutions. Our businesses are highly complementary and we share a strong reputation with our clients as trusted adviser. 

"AVMI brings an enviable track record in delivering complex enterprise projects globally and providing operational and service excellence. Kinly offers best in class video collaboration solutions and unparalleled product expertise in remote management, video cloud solutions and adoption services. This powerful combination will also bring new opportunities and career prospects for our people in an exciting environment. I very warmly welcome the AVMI team on board and I am convinced that our teams across the globe will jointly create even more value for our customers.”

Edward Cook, CEO of AVMI, says: “The combination of Kinly and AVMI has always looked like an excellent idea and I am delighted that it is now a reality. Both companies are market leaders in their own countries and I am confident that, together, we can truly compete on the global stage. Our industry has matured to the extent that our clients now demand global coverage and a breadth of skill sets that only a handful of companies can provide. I am certain that the newly expanded Kinly will have a very exciting and successful future.”
 
The enlarged Kinly group will continue to be supported by Avedon Capital Partners, a leading mid-market growth investor based in The Netherlands and Germany. Since 2017, Avedon invested in Viju, Visions Connected, and MK2 to form the Kinly platform.

Michel Verhoog, partner at Avedon Capital Partners, adds: “The acquisition of AVMI perfectly fits the Kinly strategy to become a global and innovative leader in video collaboration services. AVMI’s capabilities and footprint will accelerate the impressive growth Kinly has achieved sofar, and we are looking forward to expand the success of Kinly and AVMI in a meaningful and growing market.”         
 

Tags Deals & Transactions Acquisitions

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