Kelso & Co. Procures Swank Audio Visuals

10/16/2012
Kelso & Company, a private equity firm located in New York, has signed a definitive agreement to acquire Swank Audio Visuals, LLC. Swank Audio Visuals provides audiovisual and event technology services within the hotel, resort, meetings and conference center industries.  The majority of Swank’s services are provided via relationships whereby the company acts as the preferred outsource service provider to more than 375 hotels and resorts throughout the United States, Canada and the Middle East.  Swank also provides its services by offering a destination events department that operates at multiple venues and locations.
 
Kelso is also the owner of PSAV Presentation Services www.psav.com, provider of audiovisual equipment and services to the meeting and event industries. Kelso plans to merge Swank and PSAV to create the industry’s single leading source of audiovisual and event technology support.

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