Audio America, premium regional distributor of consumer electronics and 12V products with distribution centers in Florida, Atlanta, Chicago, and Los Angeles, has announced the acquisition of Consumer Electronics Distributors, Inc. (C.E.D.), AV and specialty electronics distributor in the Chicago metropolitan market and broader Midwest. As of February 20, they move forward as a combined company, Audio America.
Combined, Audio America and C.E.D. have over 50 years of experience in the industry. As members of national distributor consortium, the PowerHouse Alliance, the regional distributors have convenient locations that provide access to over 250 lines, training programs, service and support. With the acquisition, the new larger Audio America also has stronger buying power.
“After decades of organic growth, the C.E.D. acquisition represents the next level of expansion for Audio America,” says Audio America chairman Ryan Munder. “Combining two industry leaders makes sense not just from a financial standpoint, but also culturally and strategically. We look forward to continued growth as we pursue our business model built on trust, innovation, and helping others.”
Audio America plans for growth, expansion, and improvements to provide stronger buying power, better service and support from the expanded sales force and customer service and technical support personnel. The acquisition expands Audio America’s territory: Existing customers can continue to shop and order from the company’s Florida, Atlanta, Chicago, and Los Angeles distribution centers, and Audio America now welcomes customers to three additional showrooms and distribution centers in Illinois, Wisconsin, and Minnesota. Customers of the former C.E.D. and Audio America locations can look forward to new products, brands, and categories becoming available soon.
“At Audio America we believe that our people are the key to our success. We’re excited to join forces with the talented C.E.D. team, who bring technical, management, and service manpower to Audio America,” says Audio America CEO Jonathan Elster. “In this new chapter, customers across our regions will be supported by our larger team of experts, expanded regional footprint, and broader product portfolio. The acquisition benefits everyone involved, so we look forward to Audio America’s future.”
Audio America and C.E.D. customers can expect business as usual for ordering, support, and shopping at their local locations.
For more information, visit www.audioamerica.com.