Allvida expands the Assistive Listening technology portfolio through acquisition of Contacta – Allvida

Allvida expands the Assistive Listening technology portfolio through acquisition of Contacta

2021.09.24

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Allvida is pleased to announce its latest acquisition, Contacta, a developer of assistive solutions for 1 to1 listening situations, mainly window intercom systems and hearing loops for checkouts and service counters. The company is based in the United Kingdom, with sales into the US and Europe. The acquisition further strengthens Allvida’s product offering within assistive listening technology.

Sasha Hakami, Allvida’s Expansion & Investments Director, is thrilled to announce the addition:
“With Contacta joining Allvida, we are expanding our range of assistive listening solutions. Contacta’s track record of innovation aligns perfectly with us, to enhance the quality of life for individuals with hearing loss.”

Simon Thomas, the Managing Director of Contacta, added:
“We are absolutely thrilled to have completed the transaction with Allvida. As a company whose DNA is to make no compromise on precision, quality or performance, it was extremely important that this ethos would continue with our chosen investment partner. We strongly believe that we have found the perfect partner in Allvida to enable Contacta to continue its journey, empowering customers by creating more inclusive environments.”

About Allvida
Allvida was founded in 2020, by Systematic Growth, a Swedish firm devoted to building leading company groups. Systematic Growth’s philosophy rests on: great partnerships; only acquiring entrepreneur-led companies with strong market positions, unique capabilities, and sustainable competitive advantages.