Norwest Mezzanine Partners Supports Highlander Partners’ Acquisition of Biamp
December 12, 2017
Minneapolis, Minnesota – Norwest Mezzanine Partners (NMP) has invested junior capital and equity alongside Highlander Partners in Biamp, a leading developer and manufacturer of high-performance solutions and products for the professional audiovisual (AV) market.
Carter Balfour, NMP Partner, stated, “Biamp is a clear leader in the AV technology space and is well-recognized for its high quality, reliable products and its dependable customer service. We are excited to partner once again with Highlander and look forward to supporting Rashid Skaf (CEO) and his team as they continue to grow the business.”
Founded in 1976, Biamp provides innovative, networked media systems that power the world’s most sophisticated AV installations for business, education, government, and performance venues. The company is recognized worldwide for delivering high-quality products and supporting them with exceptional customer service. The company is headquartered in Beaverton, Oregon and has additional engineering operations in Brisbane, Australia, and Rochester, New York.
“We are extremely happy to work with NMP again. Their reliability and flexibility make them an excellent partner for Highlander,” commented Mike Nicolais, Vice Chairman and CEO of Highlander Partners.
The award-winning Biamp product suite includes: Tesira® media system for digital audio and video networking, Devio® collaboration tool for modern workplaces, Audia® digital audio platform, Nexia® digital signal processors, and Vocia® networked public address and voice evacuation system. Each product has a unique feature set that can be customized and integrated to create a comprehensive solution for corporate boardrooms, conference centers, huddle rooms, performing arts venues, courtrooms, hospitals, transportation hubs, campuses, and multi-building facilities. For more information on Biamp, please visit www.biamp.com.
About Highlander Partners
Highlander Partners, L.P. is a Dallas-based private investment firm with over $1.4 billion of assets under management. The firm focuses on making investments in businesses in targeted industries in which the principals of the firm have significant operating and investing experience, including basic manufacturing, food, chemicals, building materials, consumer products, and others. Highlander Partners uses a “buy and build” investment approach, creating value by helping companies grow organically and through acquisitions. For more information, visit www.highlander-partners.com.