- Resideo Technologies ( NYSE: REZI ) has acquired privately held Electronic Custom Distributors based in Houston, Texas.
- ECD was founded in 1960 and is a leading regional distributor of residential audio, video, automation, security, wire and telecommunication products.
- ECD has four branch locations and a 30,000 sq. ft. distribution center and serves AV contractors across the Texas, Oklahoma, Louisiana and Arkansas region, and will be part of the company's ADI Global Distribution business.
- Terms of the transaction were not disclosed.
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"With a strong strategic plan in place, we continue to invest in ADI organically and by pursuing tuck-in acquisitions to bolster our growth and expand our customer and supplier relationships. ECD aligns with our strategy and marks the fifth acquisition for our distribution business since 2020. With an expanded product offering that includes private brands, we're confident this acquisition will help further accelerate diversified growth for ADI across the overall AV and Smart Home market." said Jay Geldmacher, President and CEO of Resideo.
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Resideo acquires Electronic Custom Distributors