Founder and long-time company leader, Murray Lapides, has stepped down as CEO. Murray will be transitioning out of AVFX over the next few months after nearly 40 years.Murray started AVFX in 1981 and has led the company through an extraordinary period of growth and advancements in audio, video, and lighting technologies. He has built a vital company widely recognized for its work throughout the meetings and exhibits industries. Succeeding Murray is Steve Halling, currently president of AVFX. Sarah Hearn will continue as general manager of the company.
As part of this transition, AVFX has partnered with Harbor Beach Capital, with Brian Urbanek leading the effort. Harbor Beach Capital is now the majority shareholder of the company, with the current AVFX management team remaining as shareholders. Steve Halling will be on the Board of Directors.
The investment from Harbor Beach Capital brings a new source of backing that will ensure AVFX has the means and capacity in place to serve its clients far into the future. Their investment represents a belief that AVFX has a unique culture and has developed into a platform for growth.
AVFX will continue on its current path, striving to provide clients with high-quality event technology and the services needed to plan and execute exceptional events.
About AVFX
AVFX is an event technology company dedicated to supporting meeting planners, event producers and exhibit designers who seek the highest quality audio visual staging. Our clients know that quality is our passion. Any good live production involves precise execution based on detailed planning. AVFX technicians and engineers are dedicated to the presentation of our clients’ most important messages and utilize advanced technology to keep audiences engaged. This approach is at the core of what we do. AVFX is located in Boston and supports client events across North America and around the world.
About Murray Lapides
Murray has nearly 40 years of experience in audio visual staging. In 1981, he founded Media 1, Inc., now AVFX, to meet the increasing demand for high-quality audio visual and staging services. Murray is truly an industry luminary respected by his peers. His vision and foresight have led AVFX to be the first-to-market with many technologies that have been widely adopted by the industry. His quiet style and attention to detail have led to many long-term client relationships.