Resideo on Thursday announced that is has acquired Shoreview Distribution, a privately held distributor of audio, video, lighting, display, and broadcast equipment based in Foxboro, Mass. Terms of the deal were not disclosed.
Founded in 1989, Shoreview, which has warehouses on both the east and west coasts and serves customers across the U.S., will become part of ADI Global moving forward.
"A key component of ADI's strategy is pursuing acquisitions to drive continued growth in adjacent markets and expand our base of customers and suppliers," said Jay Geldmacher, President and CEO of Resideo. "This acquisition represents another important step in that strategy by further solidifying ADI's position in the Pro AV market and marks the third acquisition for our distribution business since the beginning of 2020."
The company said that the acquisition will strengthen ADI's portfolio with key industry brands and build upon its presence in the professional A/V market with an assortment of conferencing and collaboration systems, audio equipment, projection systems, video displays and digital signage. Additionally, the acquisition increases ADI's footprint with added warehouse operations to help provide immediate product availability to customers.
"Today's professional integrators demand a high-performance distributor that can provide them with top industry brands, and the support and services they need," said Rob Aarnes, President of ADI Global Distribution. "This acquisition expands our offering and fits into our strategy to make ADI the indispensable partner of choice for Pro AV. Shoreview complements our Herman Pro AV business, and with our scale and resources, robust product lines and industry experience and subcontracting services model, we can deliver even more value to a greater number of integrators."
