SecurityWorldMarket

17/02/2020

Resideo acquires Herman Pro AV

Austin, Tx

Resideo Technologies, Inc. has acquired privately held Herman Pro AV, based in Miramar, Florida.

The newly acquired company is a leading provider and distributor of professional audio-visual (AV) products, procurement services and labor resources to systems integrators in the commercial audio-visual industry. Herman Pro AV serves customers across the United States and will be part of Resideo's ADI Global Distribution business, a leading wholesale distributor of security, AV and low-voltage products.

"ADI is a cornerstone of Resideo's growth and continues to expand its presence as the global leader in low voltage security and audio-visual distribution," said Mike Nefkens, president and CEO of Resideo. "Herman's product offering and compelling services model are perfectly aligned with ADI, and this acquisition will help us reach new customers across the pro-AV market. This is an important acquisition for our distribution business as part of our ongoing strategic initiative to identify and execute on investments that accelerate topline growth and expand margins."

AVIXA, the Audiovisual and Integrated Experience Association, predicts the pro-AV market in the Americas will grow to more than $112 billion in 2024, from $89 billion in 2019. The Herman Pro AV acquisition builds upon ADI's product portfolio and expands its presence in the pro-AV market. In addition to top-tier professional AV products, the acquisition includes Herman Integration Services which provides AV systems integrators with trained and industry-certified technicians, project managers, programmers and engineers.

"ADI already has a strong and growing presence in the pro-AV market, and with the addition of Herman's deep industry experience and subcontracting services, we will be able to offer our customers compelling opportunities to grow and make ADI their indispensable partner of choice," said Rob Aarnes, president of Resideo's ADI Global Distribution business. "We are always looking for ways to help our customers grow their businesses, and with this acquisition, we're helping them to expand into new product categories and services, and capitalize on the fast-growing professional AV segment."


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