Unified Communications Featured Article

Livingstone Advises on the Secondary Management Buy-Out of AVM


July 09, 2012

A secondary management buy-out (MBO) of AVM, a UK provider of visual communications solutions, which operates at the forefront of the unified communications market, has been successfully completed. AVM was bought out by growth capital investor, Alcuin Capital with further funding provided by Indigo Capital. The buy-out was led by CEO Edward Cook, who sees Alcuin Capital entering as lead investor with further funding provided by Indigo Capital to support continued growth and potential further acquisitions.

In a press release, Adrian Lurie, partner at Alcuin, said, “We are delighted to be investing alongside Ed and his team to support the continuing success of AVM. We were pleased to work with the Livingstone team to successfully conclude this complex transaction.”

Specializing in visual communications systems in the UK, AVM offers a comprehensive range of video conferencing and audio visual services to the private and public sectors. AVM’s services comprise of supporting complex IP-based video networks, managing and maintaining telepresence suites, offering audio-conferencing, digital signage and equipping training rooms and presentation areas with state-of-the art technology.

Edward Cook, CEO of AVM, said, “This transaction gives us the added fire power to take AVM to the next level. I want to thank Livingstone for guiding us through the transaction and introducing Alcuin who we look forward to working with.”

With the MBO deal in place, the transaction provides an exit for AVM chairman, Sandy MacPherson and venture capital investor, Octopus Investments, which backed the MBO of AVM in 2006. The conclusion of the AVM MBO signifies Livingstone’s fourth tech deal in less than 12 months highlighting the sector’s continued attraction for trade and private equity alike.

Jane Vinson, a director of Octopus’ ventures team, added, “AVM has been a strong investment for Octopus, delivering year-on-year growth. Livingstone managed a well-run, multi-party process achieving a great result for us and the business going forward.”

A couple of months ago, the UK arm of leading PHP developer announced a management buy-out to drive business growth. Ibuildings UK announced to split from its Netherlands-based parent company in a management buy-out (MBO) that will leave the business free to focus on UK-based expansion and growth.



Want to learn more about the latest in communications and technology? Then be sure to attend ITEXPO West 2012, taking place Oct. 2-5, in Austin, TX. ITEXPO offers an educational program to help corporate decision makers select the right IP-based voice, video, fax and unified communications solutions to improve their operations. It's also where service providers learn how to profitably roll out the services their subscribers are clamoring for – and where resellers can learn about new growth opportunities. For more information on registering for ITEXPO click here.

Stay in touch with everything happening at ITEXPO. Follow us on Twitter.




Edited by Brooke Neuman




Request a Quote
Become a Partner

Featured Blog

Millennials and Technology – "I want it now"

The millennial generation, also known as individuals born between the years of 1980 and 2000, are a group of highly collaborative adults estimated to account for roughly 75% of the global workforce by the year 2025...

4 Steps to safely enter 2016 with Fusion and leave your old provider behind

Enough is enough! You can't tolerate the dropped calls, the complaints from upper management, and the slow response time from customer service. You saw the signs of the breakup all along, and now it's time to move onto something new...

Practical Benefits of a Unified Communications System

The business world of is rapidly changing thanks to the technological advancements of recent years...