Atlanta, GA (February 5, 2016) – MSouth Equity Partners, an Atlanta-based private equity firm, announced the sale of Technical Innovation, LLC, a leading provider of presentation technology, critical space, and broadcast solutions, to Diversified. Technical Innovation, founded in 2004 and headquartered in Norcross, Georgia, is a top-5 provider of audio and video communication solutions to enterprises, institutions and government agencies across North America. Technical Innovation designs and integrates custom audio visual systems that enable collaborative communication for clients in a diverse range of attractive end markets, including corporate, broadcast, government, medical, education, utility and faith-based.

"Mike Landrum and his team at Technical Innovation have done an outstanding job of building this company over the years, achieving industry-leading financial results," said Peter Pettit, an MSouth Partner. "We are very pleased with the Technical Innovation transaction and the return it generated for our investors."

MSouth Equity Partners is a private equity investment firm that provides equity capital and expertise to support management teams in acquisitions and recapitalizations of lower middle market companies typically valued between $25 and $150 million. Based in Atlanta, Georgia, MSouth invests primarily in the South with a consistent focus on management buyouts of companies in sectors where the firm has significant investment, management and transactional experience. MSouth invests with the objective of increasing operating cash flow through growth initiatives and active ownership. A key element of MSouth's investment strategy is partnering with proven management teams to create value. Founded in 2007, MSouth manages $1.3 billion with three active funds.  MSouth is the successor to Cravey, Green & Wahlen, which was formed in 1984.