Chapman Associates Acquisition Announcement: Information Technology

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Chapman Associates advises Promedia in its merger with AAV Holding

Chapman Associates announced that its client Promedia Technology Services, Inc. and AAV Holding Corporation, have joined forces to create a consulting, services and integration thought-leader in an effort to better serve the ever changing customer demands in education, local government and commercial markets.

“This is a transformative alignment allowing us to move and grow faster than we could on our own,” said Wm. Paul Nolan, Chief Operating Officer of Promedia.

Promedia has established an outstanding reputation in the education market and is best known for their commitment to 21st Century Learning, Protecting Campuses and building underlying infrastructures and cloud services necessary to run them at their optimal potential. They have developed relationships with strategic partners such as VMware, Symantec, NetApp, Apple, Microsoft and are a Cisco Silver partner.

“We are thrilled to quickly offer our customers an enriched catalog of solutions including audio, video and unified communications that will be a contributing catalyst for our next stage of growth and expansion,” said Gene Murphy, President& CEO of Promedia.

“Cristian Anastasiu and Chapman Associates’ experience in the Cisco ecosystem and the IT space was key to helping us select the right partner, not only in terms of business synergies, but also vision, culture and shared values” added Wm. Paul Nolan. “We thank them for their guidance and persistence”.

“It was very rewarding to work with Paul and Gene and advise them on the next stage in their company’s growth. Promedia and AAV’s combination is a perfect example of the significant changes we are seeing in the IT space with an increased demand for complete solutions and managed services” commented Cristian Anastasiu, Managing Director at Chapman Associates.

Chapman Associates is one of the most respected middle market Mergers and Acquisitions firms in the country focused on technology and other select verticals. Buyers and sellers have trusted Chapman Associates® since 1954. During that time, Chapman has successfully sold over 2,300 companies worth billions of dollars.

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Cristian Anastasiu
Chapman Associates, Inc.

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