Fort Wayne-based SOLV Holdings, an affiliate of private equity firm Ambassador Enterprises, has acquired Custom Sound Designs, an audio, visual, lighting, and acoustic design firm headquartered in New Haven. While financial terms of the deal were not disclosed, SOLV says CSD has a track record of growth, expertise, and successful project execution.
“For over 30 years, our team has built successful projects for amazing clients throughout the United States,” said Doug Hood, president at CSD. “Looking forward to the next 30 years, I wanted to chart a clear path forward to give our team more support and strength, expertise, and better position the company to continue growing and expanding.”
Hood is expected to continue in his role as CSD’s president.
“I am personally grateful that Doug and his wife, Kim, chose SOLV from a group of potential suitors. During the mutual discovery process, they saw our hope for their company’s legacy,” said Jeff Albert, chief executive officer of SOLV Holdings. “I owe a debt of gratitude for the hard work and persistence of many people involved, including the teams from the buyer and seller and True North.”
CSD operates additional offices in Colorado and Texas.