Resideo Technologies, Inc. has announced it has acquired privately held Herman ProAV, based in Miramar, FL. The newly acquired company is a leading provider and distributor of professional audio-visual products, procurement services and labor resources to systems integrators in the commercial audio-visual industry. Herman ProAV serves customers across the United States and will be part of Resideo’s ADI Global Distribution business, a wholesale distributor of security, AV, and low-voltage products.
“ADI is a cornerstone of Resideo’s growth and continues to expand its presence as the global leader in low voltage security and audio-visual distribution,” says Mike Nefkens, president and CEO of Resideo. “Herman’s product offering and compelling services model are perfectly aligned with ADI, and this acquisition will help us reach new customers across the pro-AV market. This is an important acquisition for our distribution business as part of our ongoing strategic initiative to identify and execute on investments that accelerate topline growth and expand margins.”
AVIXA predicts the pro-AV market in the Americas will grow to more than $112 billion in 2024, from $89 billion in 2019. The Herman ProAV acquisition builds upon ADI’s product portfolio and expands its presence in the pro-AV market. In addition to professional AV products, the acquisition includes Herman Integration Services, which provides AV systems integrators with trained and industry-certified technicians, project managers, programmers, and engineers.
For more information, please visit www.resideo.com.
