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  6. Diversified Acquires HB Communications

M&A Deal Summary

Diversified Acquires HB Communications

On August 4, 2021, Diversified acquired information technology company HB Communications

Acquisition Highlights
  • This is Diversified’s 4th transaction in the Information Technology sector.
  • This is Diversified’s 5th transaction in the United States.
  • This is Diversified’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2021-08-04
Target HB Communications
Sector Information Technology
Buyer(s) Diversified
Deal Type Add-on Acquisition

Target

HB Communications

North Haven, Connecticut, United States
HB Communications is the largest and most innovative Audiovisual System Integrators in North America. HB Communications offers a unique combination of technology, strategy, and creative services that ensure you are connected to your employees, partners, and customers. HB Communications was founded in 1946 and is based in North Haven, Connecticut.

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Buyer(S) 1

Buyer

Diversified

Kenilworth, New Jersey, United States
Category Company
Founded 1993
Sector Information Technology
Employees800
Revenue 400M USD (2015)
DESCRIPTION

Diversified is a nationwide provider of media technology, consulting, engineering, management and integration services to Fortune 500 corporate customers, educational institutions, broadcast facilities and large scale performance venues. Diversified was founded in 1993 and is based in Kenilworth, New Jersey.

DEAL STATS #
Overall 6 of 6
Sector: Information Technology M&A 4 of 4
Type: Add-on Acquisition M&A Deals 5 of 5
State: Connecticut M&A 1 of 1
Country: United States M&A 5 of 5
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-04 Sensory Technologies

Indianapolis, Indiana, United States

Sensory Technologies is a provider of audio visual, digital signage, media management and unified communications solutions.

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