Juniper Capital backs AV systems design firm Bug ID
Juniper Capital has backed Bug ID, an audio-visual systems design firm. Founder and CEO Matt Lavine will retain a meaningful equity stake and continue leading the business. Financial terms were not disclosed.
Juniper Capital acquired a majority interest in Bug ID, a specialized audio-visual systems design firm, in a transaction whose financial terms were not disclosed [1]. Matt Lavine, Bug ID's founder and chief executive, will retain a meaningful equity stake and continue to lead the company following the investment [1].
The deal marks Juniper Capital's entry into the niche market for commercial AV systems design, a segment serving corporate, education, hospitality, and government clients with integrated audio, video, and control infrastructure. Bug ID's client roster and project pipeline were not specified in the announcement.
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