INSIGHTS
Audax Group announced it has completed the acquisition of Tri-Northern Holdings, (“Tri-Ed / Northern Video Distribution”). Headquartered in Woodbury, New York, Tri-Ed / Northern Video is a distributor of low-voltage electronic security products including video, intrusion, access/fire, and other ancillary products. With 47 locations across the United States and Canada, Tri-Ed / Northern Video Distr...
Audax Group Announces the Acquisition of Tri-Northern
Date: 2012/04/05
Source: Audax Group
Audax Group announced it has completed the acquisition of Tri-Northern Holdings, (“Tri-Ed / Northern Video Distribution”). Headquartered in Woodbury, New York, Tri-Ed / Northern Video is a distributor of low-voltage electronic security products including video, intrusion, access/fire, and other ancillary products. With 47 locations across the United States and Canada, Tri-Ed / Northern Video Distribution serves both commercial and residential markets through its branch and technical sales business units.
Geoffrey S. Rehnert, Co-CEO of Audax Group, said “We look forward to working with Steve Roth, Pat Comunale and their team to build the company through add-on acquisitions, greenfield expansion, and building out the organization.”
Pat Comunale, President and CEO of Tri-Ed / Northern Video Distribution, said “This transaction positions Tri-Ed / Northern Video to build on our past success. Audax Group's proven track record building middle market distributors into national leaders will be a great asset as we embark on our next stage of growth within this fragmented industry.”