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Harbor Beach Capital partners with AVFX

An affiliate of Harbor Beach Capital, a private equity firm focused on investing in lower middle market companies, has made an investment in AVFX, an event technology services business.

Headquartered in Boston, Massachusetts, AVFX provides event technology services, including audio, visual and lighting production and staging services for corporate events, trade shows, exhibits and meetings, primarily in North America.
 
AVFX was founded over 35 years ago by Murray Lapides who, along with AVFX’s management team, successfully grew the company from a predominantly Boston-focused audio-visual staging company into a well-recognized event technology services business supporting corporate and institutional clients throughout North America. Steve Halling, who has served as President of AVFX for the past eight years, will continue to lead AVFX going forward as CEO, and Tom Peckham, who has been with AVFX for 35 years, will continue in his role as General Manager.
 
Steve Halling, CEO of AVFX, says: “We chose to partner with Harbor Beach because they share our vision for growing AVFX and can provide us with the resources and capital to support both our existing and new customers.”
 
“AVFX is a great company with strong market positioning,” says Brian Urbanek, Managing Partner of Harbor Beach Capital. “We are excited to partner with Steve and Tom, along with the rest of their talented team, and we look forward to helping them achieve their strategic initiatives over the next several years.”
 

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