Expanding Local Presence, SnapAV Acquires Volutone

BREAKING NEWS SnapAV, a leading provider of custom integration brands and products, announced today that it has acquired Volutone, a respected California-based distributor with seven locations throughout California and Nevada. The move expands SnapAV’s local touch points in a key … Continue reading

It’s Official – Monster Money is Dead

Back in June, Strata-gee reported that Monster Products, Inc. (the former Monster Cable) had filed an S-1 registration document with the Securities and Exchange Commission, laying out its plans to launch a new cryptocurrency known as Monster Money. In addition … Continue reading

Emerald Expositions CEO Resigns, Q3 Results Released

For Owner of CEDIA Expo, There’s Trouble in Emerald City Emerald Expositions’ stock nose-dived 19% in early afternoon trading last Thursday as the company released its third quarter fiscal results and announced that David Loechner has resigned as the company’s … Continue reading

Gibson to Emerge from Bankruptcy & Stop Singing the Blues

With Old Debt Gone, A New Leader & Team Arrives Gibson Brands is on the verge of emerging from bankruptcy a much healthier business in many respects – with less debt, more money in the bank, and a new leader … Continue reading

Legrand and Lumileds Partner to Drive Adoption of Tunable White LED Lighting

Legrand and Lumileds announced today that they have signed a partnership agreement that is designed to combine forces and help drive industry adoption of tunable white LED lighting. The two will create and sell what they say is a “simple … Continue reading

Does the WAVE/AVAD Deal Signal a New Era in Distribution?

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

Melrose Talks of Disposing of Nortek

Are Elan, Speakercraft, Niles, Proficient, etc. In Play Again? Melrose PLC, owner of Nortek, including Nortek Security & Control, is openly talking to U.K. media about the likelihood of selling off Nortek – saying, in essence, their work is done, … Continue reading

Equity Owner of AVAD Doubles Down, Buys WAVE & Consolidates

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

Gibson Begins Leadership Makeover w/New CFO

Gibson Brands’ Chapter 11 bankruptcy proceedings have continued to incessantly march forward, the gritty work of a large scale matter such as this occurring mostly in the background. However, occasionally a major factor emerges to be picked up by the … Continue reading