Gainline Capital Partners and IMS Technology Services Join Forces
In a significant development in the investment landscape, Gainline Capital Partners, a private equity firm dedicated to supporting family-owned and founder-operated businesses, has announced its strategic partnership with IMS Technology Services, LLC, a leading provider of audiovisual solutions. This collaboration is set to enhance IMS's growth trajectory and expand its offerings in an increasingly demand-driven market.
Founded in 1994 and located in Garnet Valley, Pennsylvania, IMS Technology Services has earned a stellar reputation for its innovation and quality in audiovisual event staging, systems integration, and managed services. The company serves a diverse clientele that includes corporate organizations, associations, government entities, and educational institutions across the nation. With over three decades of experience, IMS has focused on creating impactful audiovisual experiences and has been recognized with numerous awards for its commitment to excellence and customer satisfaction.
IMS Founder John Renninger expressed his enthusiasm about the partnership, stating, "We identified Gainline as a partner who not only brings expertise and resources to support our growth but also shares our commitment to our company culture. Their focus on empowering our team and delivering unmatched value to our customers is precisely what we were looking for."
Gainline’s team is equally excited about the collaboration. Kerri McNicholas, a partner at Gainline, noted, "We are thrilled to partner with the talented team at IMS, which has seen tremendous success over its long history. The demand for audiovisual solutions is on the rise, especially with the increasing necessity of collaborative communication in hybrid work environments. Live events are also regaining their importance, placing IMS in a prime position for continued success in this large and growing market."
Furthermore, Zach Greenspan, a vice president at Gainline, added, "The timing of this partnership is ideal. As businesses adapt to new work models, the need for robust audiovisual capabilities is more critical than ever. IMS's expertise aligns perfectly with the rising market trends."
Paul Wedesky, President of Event Staging at IMS, shared his perspective on the growth potential brought by this partnership, stating, "As demand for our solutions continues to expand, we look forward to enhancing our offerings and extending our services to new markets. Together with Gainline, we can leverage our strengths to better serve our clients and innovate within our industry."
In tandem, David Fisher, President of Systems Integration at IMS, highlighted the shared vision between the two companies, which prioritizes customer satisfaction and long-term success. He emphasized that this partnership aims to fortify IMS as a trusted partner for clients and a leader in the audiovisual sector for years to come.
The transaction was supported by legal counsel from Willkie Farr & Gallagher LLP for Gainline, while The DAK Group served as the exclusive financial advisor to IMS, ensuring a structured partnership process.
Gainline Capital Partners specializes in investing in U.S.-based middle-market companies, particularly those that are established and positioned for growth. Their approach focuses on fostering management teams' visions, driving sustainable growth, and generating long-term value for stakeholders.
Meanwhile, IMS Technology Services stands out in the audiovisual domain by offering comprehensive services that range from audiovisual design and integration to managed services, event staging and production, virtual and hybrid events, video production, content creation, and projection mapping. Their client-centric approach ensures they remain at the forefront of the industry.
To discover more about Gainline Capital Partners, please visit
gainlinecapital.com and for IMS Technology Services, explore
imsts.com.