As we reported last week, the world learned that the private equity group that owns AVAD has made another deal, acquiring Houston, TX-based WAVE Electronics, another major custom integration distribution company. After an initial ripple of excitement over the deal, most of us went back to our daily lives – looking at this deal as nothing more than just another private equity acquisition. But there may be more here than meets the eye…
Buying Groups
ProSource Partners with SnapAV on Select Brands
ProSource, a large industry dealer buying group, announced this morning that they are partnering with SnapAV, a diversified manufacturer/distributor of a wide group of diverse brands, to offer programs on several of their brands to group members. According to the ProSource management, members will be offered access to SnapAV’s Araknis, Luma, OvrC, Visualint, and WattBox brands.
See more on this ProSource announcement which is a bit unusual… [Read more…] about ProSource Partners with SnapAV on Select Brands
ProSource Adds a Lucky 13 New Members
ProSource, one of the larger retail buying groups in the U.S. announced today that it has added 13 new members to their organization. As a multi-tiered group, these new additions were in two different groups – 12 dealers were added as custom integrator members, while one was added as an Associate PRO level member.
