Private equity firm takes stake in Asian integrator
Wednesday, January 15, 2020
(AV Magazine by Guy Campos) – Baird Capital has acquired a majority stake in the Vega Global Group. The Baird relationship with Vega better positions the company for growth in all aspects of the pro-V and video conferencing market, meeting the demands of enterprise clients for global standards and delivery platforms.
Based in Hong Kong, Vega is one of the largest integrators and managed service providers for AV IT solutions, video conferencing and collaboration technologies in Asia with over 600 employees in 14 offices across 11 countries throughout the region. Since its establishment in 1986, Vega has completed more than 100,000 AV and video collaboration deployments for over 20,000 clients.
“We are extremely excited to partner with Baird, a highly respected firm that is aligned with Vega’s vision of growth into the future and the strategic plan to get us there,” said Laurie Chow, Vega’s CEO and founder, “Vega continues to distinguish itself as a leader in the Asia Pacific region in the rapidly growing professional audio-visual market. Together with Baird, our potential for accelerated growth to meet the needs of tomorrow’s enterprise clients is limitless.”
