SOLV Holdings, an Ambassador Enterprises affiliate, announced its acquisition of Custom Sound Designs (CSD Group, Inc.), a leading audio, visual, lighting, and acoustic (AVLA) design firm that provides immersive systems for every environment.
Custom Sound Designs is headquartered in New Haven, IN, with additional offices in Colorado Springs, CO, and Fort Worth, TX. Since its founding in 1989, CSD has grown to be a nationally recognized expert in equipping businesses, schools, arenas, theaters, and churches with AVLA systems and integrations that facilitate effortless communication with the audience.
True North served as the exclusive investment banking advisor to CSD Group, Inc. on this transaction, providing a complete set of sell-side acquisition services including extensively researching the market, identifying this acquirer, and leading the execution of the acquisition steps.
CSD leadership will remain in place and continue to work closely with clients. “The most important message to our clients and partners is ‘We are all still here. CSD is still CSD,’” says Doug Hood, President at CSD. “It’s an honor for me to continue as President to lead the vision and direction of the company. Along with our leadership team and all employees across the USA, our mission and vision remain the same. With the wisdom and experience of the kingdom-minded SOLV team, CSD is fueled up and ready to go with more horsepower than ever.”
SOLV Holdings, LLC is a privately-held investment management company investing in companies that engineer, design, build, control, service, and safeguard complex industrial systems and products. SOLV identified CSD as having a track record of growth, expertise, successful execution of projects, and a strong culture of values that aligned with its own. “I am personally grateful that Doug and his wife, Kim, chose SOLV from a group of potential suitors. During the mutual discovery process, they saw our hope for their company’s legacy,” said Jeff Albert, CEO of SOLV Holdings. “I owe a debt of gratitude for the hard work and persistence of many people involved, including the teams from the buyer and seller and True North.”