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, … Continue reading
Kingswood Capital Management, LLC, a private equity company that describes itself as “an operationally-focused lower-middle market” PE company – and the current owner of AVAD – announced today that it has purchased Houston, TX-based custom integration distributor WAVE Electronics, Inc. … Continue reading
Vanco has always seemed to be that reliable supplier in the background providing a steady stream of solutions like cables, connectors, and other accessories – not particularly glitzy or exciting, but steady and there. Well all that is about to … Continue reading
New Tools & Partners Open the Door to Entry-Level Buyers Savant Systems LLC, one of the leading control and home automation brands in custom integration, has made two significant announcements recently, both sent within just a matter of three weeks … Continue reading
In Restructuring, Company Scales Back to ‘Core Competencies’ All the way back in 2012, Onkyo Corp. and Gibson Guitar Corp. came together to partner in what both hoped would become an entity where the whole was greater than the sum … Continue reading
High-end audio distributor Rutherford Audio announced this week that its relationship with Thorens, a prominent European turntable manufacturer, has come to an end. As a result of this news, Rutherford is telling dealers they can no longer accept orders on … Continue reading
A Dramatic Shift in SnapAV’s Strategy SnapAV announced today that it has acquired Allnet Distributing, the Chicago-based distribution company owned by Wally Whinna, who years ago sold a distribution company to Ingram Micro as part of their acquisition of AVAD. … Continue reading
Chicago, IL-based Allnet Distributing announced recently that it is opening an all-new location in Minneapolis, MN in September. It is the fourth warehouse location, as the custom integration-focused distributor continues to expand its reach throughout the Midwest geographic region. See … Continue reading
High-end specialty audio distributor VANA, Ltd. has appointed Nancy Weiner as its new Managing Director, replacing Stephen DeFuria, who passed away in April. Weiner had been VANA’s Marketing and Operations Manager and knows the company and its stable of unique high-end … Continue reading
BREAKING NEWS SnapAV announced today that General Atlantic, its private equity partner, has sold its ownership interest in the company to San Francisco-based Hellman and Friedman, another private equity group. The move, while unexpected, is not unusual in the world … Continue reading