Schaumburg, IL (PRWEB) November 22, 2013
PSAV announced today the purchase of VAE and the plan to merge the two companies into one entity as PSAV.
VAE has been providing audiovisual services since 1968. Prior to being purchased by PSAV, VAE was privately owned. VAE provides meeting presentation services through three distinct operating divisions and has major regional warehouses in Richmond, Cincinnati and Phoenix, and smaller warehouses in Washington, DC and San Francisco, CA. VAE’s partnership portfolio includes agreements with more than 75 major hotels, resorts, convention and conference centers in 24 states from coast to coast.
“A merger between PSAV and VAE is the next evolution in the growth and development of the company,” stated Jack C. Cassell, President & CEO of VAE. “I believe PSAV is the best company to carry on the success we have built at VAE.”
“I have been impressed by the operations of VAE for many years and am thrilled to add their capabilities into PSAV. The acquisition of VAE will provide greater service coverage for our hotel partners and customers, while adding additional services such as simultaneous interpretation,” said Mike McIlwain, President & CEO of PSAV. “We are all truly excited about what this merger means to our industry as a whole.”
The joining of the two companies will allow PSAV to continue to deliver creative solutions and a vast array of equipment for meeting planners and producers across the corporate, association, tradeshow and special events industries. Provided with a hospitality approach, PSAV’s services include audio, video, projection mapping, lighting, creative, stage design, production, rigging, electrical, webcasting/webarchiving, simultaneous interpretation, Internet and network support and 3D renderings. Leading the industry in innovation, PSAV also offers exclusive technology such as SwankDraw©, for on-site digital renderings. In addition, PSAV can trace its rich heritage back to 1937.
PSAV provides legendary service and innovative technology to create memorable experiences for planners, producers and customers across the corporate, association and special event markets. Combining local expertise and the broadest array of event technology, PSAV offers more resources in more places than any other audiovisual partner. PSAV employs more than 4,750 full-time, highly trained professionals in nearly 1,300 destination resorts and hotels throughout the U.S., Canada, Mexico, Europe and Middle East. http://www.psav.com
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