Resideo Technologies (NYSE: REZI) announced it has acquired Houston-based Electronic Custom Distributors (ECD) for undisclosed terms.
Founded in 1960, privately held ECD is a leading regional distributor of residential audio, video, automation, security, wire and telecommunication products. With four branch locations and a 30,000-square-foot distribution center, the company serves A/V contractors across the Texas, Oklahoma, Louisiana and Arkansas (TOLA) region.
ECD will be part of Resideo's ADI Global Distribution business.
"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," said Jay Geldmacher, president and CEO of Resideo. "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 A/V and smart home market."
ECD builds upon ADI's presence in the residential A/V and smart home market with a comprehensive portfolio of products from key industry brands, along with a growing assortment of pro A/V products for commercial installations. Additionally, the acquisition is said to increase ADI's branch presence in the TOLA region and expands its private brand offering with exclusive product lines.
"ADI remains committed to helping our customers grow by providing them with access to the products, services and support they need to capitalize on new opportunities," said Rob Aarnes, president of ADI. "We identified residential A/V and pro A/V as growth categories for ADI and our customers.”
Resideo’s previous acquisitions in the pro A/V sector include Herman Pro AV and Shoreview Distribution.