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Markey's sells off sales unit: move by audio-visual firm creates new tech company.

Publication: Indianapolis Business Journal
Publication Date: 20-MAR-06
Format: Online
Delivery: Immediate Online Access
Full Article Title: Markey's sells off sales unit: move by audio-visual firm creates new tech company.(Sensory Technologies Inc. acquires Video Images LLC)

Article Excerpt
Markey's Audio Visual, a south-side company that's decked the stage for some of corporate America's flashiest meetings and conventions, has sold its equipment sales and integration unit to a new firm owned by a competitor and by a family member.

Sensory Technologies is held by Anne and Andy Sellers, principals of Indianapolis-based Video Images LLC--and by Kevin Markey, who headed Markey's sales and integration.

The sale last week, for an undisclosed price, allows the 47-year-old Markey's to focus on its equipment rental and staging business, said CEO Chuck Markey Jr.

Its crews travel from coast to coast to set up equipment and provide technical services for events such as large shareholder meetings at convention centers. Clients have included Delta Faucet, Eli Lilly and Co., Hilton Hotels Corp., Lincoln Financial and the NCAA.

About 45 of Markey's 200 U.S. employees are impacted by sale of the equipment sales and integration unit. It was not...

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