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Mood Media Announces Acquisition of Leading Regional In-Store Media Firm South Central A\V

June 14, 2019

AUSTIN, Texas--(BUSINESS WIRE)--Jun 14, 2019--

Mood Media, the world’s leading in-store media solutions company dedicated to elevating the Customer Experience, announced today that it has acquired all assets of its largest independent affiliate, Nashville-based South Central A\V.

As a Mood affiliate and with a history dating back to 1946, South Central A\V provides sight, sound, scent and audio-visual systems solutions to businesses throughout the US including Alabama, Arkansas, Florida, Illinois, Indiana, Iowa, Kentucky, Nevada, North Dakota, South Dakota and Tennessee.

The acquisition is consistent with Mood’s ongoing strategic efforts to expand its core audio and visual markets, including its acquisition of Birmingham-based focus4media in July of last year.

“This latest acquisition allows us to broaden our US footprint, further develop sales opportunities and solutions, and ultimately serves to support our continued worldwide growth strategy,” said Ken Eissing, Mood Media’s President. “We look forward to working together with South Central A\V’s strong leadership team to ensure continued client service excellence in the region.”

“The timing was right for both parties to enter into this new chapter,” said JP Engelbrecht, South Central Inc.’s CEO and whose family has owned the South Central A\V business for three generations. “I’m incredibly proud of what our team and our family built, but I’m also excited about the new opportunities that lie ahead for us, together.”

“As the largest Mood Independent Affiliate in North America, this newest acquisition brings together two great organizations that will no doubt strengthen our collective future endeavors,” said David Hoodis, Mood Media’s CEO. “It’s also yet another example of our ongoing efforts to expand Mood’s audio and visual markets.”

For existing South Central A\V (now Mood) clients, Eissing, Hoodis and Engelbrecht noted that they will work to ensure a seamless transition without any service or agreement interruptions.

About Mood Media

Mood Media is the world’s leading in-store media solutions company dedicated to elevating the Customer Experience. We create greater emotional connections between brands and consumers through the right combination of sight, sound, scent, social and systems solutions. We reach more than 150 million consumers each day through more than 500,000 subscriber locations in 100+ countries around the globe. Mood’s clients include businesses of all sizes and market sectors, from the world’s most recognized retailers and hotels to quick-service restaurants, local banks and thousands of small businesses. For more details: www.moodmedia.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190614005494/en/

CONTACT: Media Inquiries

Caroline Traylor

Mood Media

Tel: +1 (512) 583 9359

Email:caroline.traylor@moodmedia.comInvestor Inquiries

Randal Rudniski

Mood Media

Tel: +1 (512) 592 2438

Email:randal.rudniski@moodmedia.com

KEYWORD: UNITED STATES NORTH AMERICA TENNESSEE TEXAS

INDUSTRY KEYWORD: BUILDING SYSTEMS TECHNOLOGY AUDIO/VIDEO INTERIOR DESIGN RETAIL COMMUNICATIONS MARKETING CONSTRUCTION & PROPERTY OTHER RETAIL

SOURCE: Mood Media

Copyright Business Wire 2019.

PUB: 06/14/2019 04:20 PM/DISC: 06/14/2019 04:20 PM

http://www.businesswire.com/news/home/20190614005494/en

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