The DAK Group announced on Tuesday the sale of Somerset-based Video Corporation of America to Eatontown-based York Telecom Corp., a provider of workplace communication solutions.
Yorktel, through a new and wholly-owned subsidiary, York-VCA LLC, purchased substantially all of VCA’s assets. Founded in 1972, VCA provides audio visual, post-production and broadcast, digital signage and unified communications solutions and support services.
“With very little overlap in our respective customer portfolios, the team at VCA brings extensive experience in audio and video systems integration that will enhance Yorktel’s existing capabilities, including engineering, fabrication, field resources, digital signage, and help desk support,” Ken Scaturro, president and chief operating officer, Yorktel, said. “In turn, VCA’s customers will now be able to receive a broader suite of services, including managed conferencing services to include monitoring and alarming, media services and a full suite of staff augmentation skill sets.”
Rochelle Park-based The DAK Group served as the exclusive investment banker to its client, VCA.
“I am delighted to have the opportunity to bring the team at VCA over to Yorktel,” Dave Berlin, president, VCA, said. “Both our companies share the same values, long history, and commitment to customer success. I am proud to be able to bring VCA’s legacy of technical innovation, deep domain expertise and strong customer relationships to Yorktel.”
“VCA’s products, services and talent are a natural fit for Yorktel. We are excited to watch the continued success of the business under Yorktel’s ownership,” Ari Fuchs, managing director of The DAK Group, said. Fuchs led the deal team along with Sheon Karol, managing director, and Melvyn Peters, vice president.
