Carters Audio Video, a twenty-year old Fort Smith/River Valley audio-visual installation and design business has been acquired by All AV Services (www.allavservices.com) of Northwest Arkansas CBI Northwest Arkansas Managing partner, Jon Holbert, listed the business for sale and Senior Intermediary, Carol Gresham, brought the buyer to the table. These companies had similar business models and competed against each other. “The talent and skill sets of both companies will create a stronger team together and produce even greater success in the local region,” said Carol Gresham.
An existing EIDL (Economic Injury Disaster Loan) was assumed by the Fusselmans providing a large part of the purchase price on attractive terms for both Seller and Buyer. The Fusselmans acquired All AV Services in 2018. CBI served as Advisor to the All AV Services Seller at that time. Since then, All AV Services has grown in Northwest Arkansas and with this acquisition will be able to expand into the River Valley region. All AV designs, builds and installs audio and visual systems in corporate markets, houses of worship, retail venues, K-12 and higher education, as well as specialized audio-visual projects.
To learn more about All AV visit their website www.allavservices.com or give them a call at (479) 756-0888.
CBI served as Advisor to the Sellers in this transaction. During the process, CBI identified many other prospective buyers. If you have been thinking about selling your business, CBI has a buyer database with thousands of prospects. Contact CBI today!