Solutionz, Inc., a Fernandez Holdings (“FHI”) portfolio company announced today that it has entered into an agreement to purchase VSGi. Solutionz is an industry-leading audio-visual integrator, managed services, and cybersecurity provider across North America. VSGi has successfully provided video conferencing, audio-visual solutions, digital signage, and integrated services for nearly every major agency and department in the Federal government as well as customers in the corporate, healthcare, and education sectors.
The company will operate under the direction of Bill Warnick, Chief Executive Officer of Solutionz, Inc. Regarding the decision to acquire VSGi, Mr. Warnick said, “As we grow into one of the largest integrators in the U.S., customer satisfaction remains our number one priority. Combining our experience, expertise, and partnerships with VSGi will ensure we continue to deliver the very best experience to our growing Federal clientele and other markets.”
Timing the acquisition with his retirement announcement, Donald K. Jones, Chief Executive Officer of VSGi says “Joining forces with a rising and thriving integrator like Solutionz is a logical next step for VSGi.” He continued, “By leveraging the success of Solutionz’s business model, we are able to expand our nationwide footprint and build on the success our employees have cultivated over the last 35 years as they continue to deliver exceptional customer experiences.”