Frischkorn Audiovisual Inc. and Mediaco AV Inc. have signed an agreement under which Frischkorn will acquire Mediaco to become Frischkorn-Mediaco. The agreement was announced August 8th.
“Our client-centric approach is at the core of this combination,” said Bill Brown, CEO of Frischkorn Audiovisual. “With greatly enhanced scale, scope and capabilities, we will be able to accelerate our combined momentum and strengthen our position in Canada.”
“These two companies perfectly complement one another,” said James Brett, co-founder and principal of Mediaco. “Together, we will enhance the client experience with coast-to-coast coverage, a larger arsenal of innovative solutions, plus an even greater level of service each company is renowned for.”
The union is expected to enhance the companies’ positioning in the evolving, competitive production landscape. Anticipated benefits include: new growth opportunities, enhanced service delivery for clients, and increased resources to drive creativity and technical innovation.
The companies will welcome each other’s teams, including entrepreneurial founders: Norbert Frischkorn and Mediaco partners James Brett, Peter Cornforth, Bob Dreger, Kevin Leinbach and Neil MacNeil. Bill Brown will remain as CEO in leading the new organization.