Cutting Edge Systems, a New England integrator, is the latest addition to AVDG to be acquired by Guitar Center Business Solutions.

Buying opportunities exist in the custom electronics industry for the first time in decades, with 3X to 5X EBITDA multiples being paid for solid companies.

Guitar Center negotiates $375M in debt reduction and plans to raise another $335M in investment. All AVDG operations remain open.

Guitar Center has brought in Mohit Parasher to serve as its new presidents of business solutions.

AVDG's acquisition of Maverick Integration allows the company to continue to expand its reach in both the residential and commercial AV markets.

Guitar Center has opened a new customer experience center in Nashville called Custom House to enable Guitar Center Professional (GC Pro) and GC’s Audio Visual Design Group (AVDG) to showcase their design capabilities.