Has Been Acquired By
A Portfolio Company of
WAVE Electronics, Inc.
Founded by Gary Wermuth, WAVE Electronics' corporate offices are located in Houston, Texas. WAVE, the leader in home automation distribution, services local and national dealers across multiple channels of business that include residential/commercial A/V, and security. WAVE is recognized as the "one-stop" solution with over 8,000 stock items from 126 premium manufacturers. WAVE locations incorporate training facilities extensively merchandised showrooms for dealers to use as their own. WAVE also goes the extra mile by offering a broad variety of services to their dealers which include: same day delivery, one day shipping, sales and product trainings, marketing services, 24/7 online shopping, and much more.
Kingswood Capital Management
Kingswood (http://kingswood-capital.com/) is an operationally-focused lower-middle market private equity firm that invests in businesses in transition driven by operational, strategic, financial or market-driven change. In addition to access to capital, Kingswood brings a broad network of operational resources, relevant industry relationships and tailored solutions to strengthen businesses, realize strategic goals and enhance long-term value creation.
AVAD is one of the most recognized brands in the fast-growing system integration market. AVAD offers a comprehensive line of premium solutions for video, audio, networking, HVAC, lighting control, security, home automation, digital signage, system design and other products needed by professional installers. Further differentiating its services, AVAD invests in the business tools, technical support and services that integrators need to grow their businesses, including the fully transactional AVAD Mobile smartphone application providing integrators on-the-go access to AVAD products and value-added tools.
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