MVS Audio Visual announces management buyout

MVS Audio Visual has announced a management buyout, led by its managing director Simon Hurst.

With offices in London and Dorset, the AV and videoconferencing specialist currently employs 30 staff and has achieved remarkable growth over the past nine years.

CEO and founder Matthew Cowan had received acquisition offers from competitors in the UK and US before choosing the management buyout option.

He said: “The ethos and culture at MVS has always been at the heart of our growth and success. My concern was that this would be lost if swallowed into a large corporate organisation. The management team and I have always been focussed on delivering quality work and tailored services by developing talent from within.”

Hurst added: “Having worked for MVS for over 17 years and been MD since 2019, I have supported Matt in the development and scaling up of the business.  Following discussions, we felt that a management buyout was the ideal solution for business continuity and for me it meant pursuing a career goal which has now come to fruition.

“We’ve got the right team in place, exceptional levels of expertise in our field, and a reputation for being go-to specialists. With the increased use of technology in the workspace, I see an extraordinary opportunity to continue to grow our market share and anticipate a bright future. Matt and I have a shared vision for further growth, and this transition marks an exciting new chapter for the MVS Audio Visual team.”