26North Completes Acquisition of Global Leader in Digital Workplace Solutions AVI-SPL

NEW YORK--(BUSINESS WIRE)--26North Partners LP (“26North”), the next-generation alternatives platform founded by Josh Harris, today announced the completion of the acquisition of AVI-SPL, the global leader in audio-video (AV) and unified communications technologies (UC).

Serving over 86% of the Fortune 100, AVI-SPL powers the modern workplace, which increasingly demands innovative collaboration solutions. The acquisition of AVI-SPL underscores 26North’s focus on partnering with market leaders poised for sustained expansion.

“AVI-SPL exemplifies the kind of business we seek out at 26North: resilient, essential and built for long-term growth,” said Mark Weinberg, Head of Private Equity at 26North. “It has a distinct edge in an expanding market and serves a diversified, blue-chip customer base.”

This milestone marks the beginning of an exciting new chapter as 26North officially welcomes AVI-SPL to its growing family of private equity portfolio companies.

“We are thrilled to partner with AVI-SPL’s management team on the growth opportunities ahead as demand for digital workplace transformation and experiential technology accelerates,” said Tyler Sipprelle, Managing Director at 26North.

Kirkland & Ellis LLP and Santander served as legal counsel and financial advisor to 26North. Silver Point Capital Direct Lending led and provided debt financing. Goodwin Procter LLP advised AVI-SPL with Guggenheim Securities, LLC and William Blair acting as financial advisors.

About 26North

26North Partners LP is an integrated, multi-asset class investment platform that provides its clients with investment advice and opportunities related to a variety of investment strategies, including, but not limited to, private equity, credit, and insurance and reinsurance solutions.

The 26North team brings decades of experience managing third-party capital to help clients achieve their financial goals while leaving a lasting impact on the communities where they operate. Since launching in late 2022, 26North has grown to approximately $30 billion in assets under management.

About AVI-SPL

AVI-SPL is a digital enablement solutions provider that transforms how people and technology connect to elevate experiences, create new value, and enable organizations to thrive and grow. As the largest provider of collaboration technology solutions, including award-winning managed services, AVI-SPL’s highly-trained team works hand in hand with organizations worldwide – including over 86% of Fortune 100 companies – to strategize, design, deploy, manage, and support AV and UC solutions that are simple to use, scalable, serviceable, and measurable to ensure business objectives are achieved. Visit AVISPL.com to learn more, or connect with AVI-SPL on LinkedIn.