AVM gears up for expansion after MBO

AVM gears up for expansion after MBO
AVM is to ramp up expansion plans after undergoing a secondary management buy-out (MBO) and securing further investment.

The MBO - led by CEO Edward Cook and
largely financed by Alcuin Capital - also marks the departure
of chairman Sandy MacPherson, who has left his non-executive position
at the company.

Cook said he believed the company had
plenty of room to expand; suggesting possible future acquisitions, growth
in areas such as unified communications and investment in resources
and staff.

He also noted MacPherson’s efforts in establishing the
AV Global Alliance and overseeing recent acquisitions the company has
made, stressing that his departure was part of the natural progression of AVM.