| |
| |
| |
 |
 |
|||||||||
|
||||||||||
|
|
|
|
|
ERLANGER, KY, August 6,
2015 - tvONE, long-time developer and supplier of high performance
video processing equipment, has announced a friendly management buyout of the
company from previous owner Nortek, Inc. The acquisition was completed July 31,
2015, with a new board of directors comprised of the tvONE management team;
David Van Horn, David Reynaga and Andy Fliss, with continued active involvement
of Frithjof Becker and Richard Mallett.
"We are extremely excited
about independently driving the future of the company." Said Andy Fliss,
Vice President, Sales and Marketing. "This management group intimately
knows and cares about our co-workers," said Fliss, "and we are
prepared to solidify tvONE's philosophical principles and chart a company
business plan geared for growth and success."
tvONE CTO, David Reynaga, stated
that, "We have the right building blocks and passion to deliver
memorable customer experiences though innovative products and, we are
absolutely committed to providing unrivaled service and support."
The company expects to operate
smoothly through the transition with no changes in customer-related activity.
David Van Horn, tvONE CFO, stated that, "The friendly MBO arrangement with
Nortek has put tvONE in an excellent position to continue growth and success
into the future."
 |
|
© Lee Hartman & Sons Inc. All
rights reserved. |
|
 |
|
|
|||||
| |
Roanoke, Virginia 3236 Cove Road, NW Roanoke, VA 24017 Phone: (540) 366-3493 | (800) 344-1832 Fax: (540) 362-4659 E-Mail: info@leehartman.com |
Newport News, Virginia 11861 Canon Blvd., Suite R - Newport News, VA 23606 Phone: (757) 873-4944 Fax: (757) 873-0915 E-Mail: lensley@leehartman.com |
Hurricane, West Virginia 3 Davis Court, Hurricane, WV 25526 Phone: (304) 397-4100 Cell: (304) 545-8701 Fax: (304) 397-4101 E-Mail: lcox@leehartman.com |
Baltimore, Maryland 8839 Kelso Street, Suite J Baltimore, MD 21221 Phone: (410) 686-6975 Fax: (410) 686-5170 E-Mail: qmills@leehartman.com |
|
|
|||||
