The DAK Group, a Ridgewood-based investment bank specializing in middle market mergers and acquisitions worldwide, announced the sale of its client, Mesa, Ariz.-based Level 3 Audiovisual, to Online Instruments, based in Bengaluru, India. Financial terms were not disclosed.
The deal extends Online Instruments reach to the United States. The company already has a presence in the United Arab Emirates, Singapore, Malaysia, Taiwan and the Philippines.
The DAK Group served as the exclusive investment banker and financial adviser to Level 3 Audiovisual, leading all aspects of the transaction from preparation through execution and closing. The engagement involved cross-border considerations, multiple stakeholders and tightly coordinated closing mechanics.
“Working with DAK on this transition was everything a business owner hopes for when considering selling a company. They were patient, insightful, strategic and intelligent. As with any deal there were some challenges and obstacles but working through them with DAK and our executive team was incredible,” said Brad Peterson, founder and chairman of Level 3 Audiovisual.
Level 3 Audiovisual is an audiovisual integration and engineering firm recognized for its high-quality execution, disciplined delivery model, and technical depth across complex enterprise environments.
This transaction is transformational for both organizations. For Level 3, the partnership enables immediate global reach, allowing the company to support multinational clients with consistent delivery standards while significantly expanding engineering capacity and program scalability across regions.
For Online Instruments, the acquisition establishes a strategic operational foothold in the United States, anchored by experienced technical teams, mature project management processes, and deep domain expertise within the U.S. enterprise AV market. Together, the combined platform enhances the ability to deliver complex, large-scale audiovisual solutions.
“This transaction reflects the strength of Level 3 Audiovisual’s platform and its reputation in the enterprise AV market,” said Ari Fuchs, managing director, who led the transaction alongside Jon Roth, director; Matthew Wisneski, associate; and Keeghan Krause, analyst. “Over several years, DAK built a trusted relationship with Level 3’s leadership. We were honored to advise the company on an outcome aligned with its long-term objectives.”
