Resideo Technologies, Inc., announced it has acquired privately held Herman ProAV, based in Miramar, Florida. The newly acquired company is a provider and distributor of professional audio-visual (AV) products, procurement services and labour 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,” said 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.” Growing presence in AV market AVIXA, the Audiovisual and Integrated Experience Association, 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 top-tier 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. We’re helping them to expand into new product categories and services" “ADI already has a strong and growing presence in the pro-AV market, and with the addition of Herman’s deep industry experience and subcontracting services, we will be able to offer our customers compelling opportunities to grow and make ADI their indispensable partner of choice,” said Rob Aarnes, president of Resideo’s ADI Global Distribution business. “We are always looking for ways to help our customers grow their businesses, and with this acquisition, we’re helping them to expand into new product categories and services, and capitalise on the fast-growing professional AV segment.” Leverage ADI’s resources “We are extremely excited about joining the ADI family. This is a momentous day in our proud 56-year history and represents the start of the next great chapter for our organisation. I am incredibly proud of all that we have achieved over the years for our employees, customers, suppliers and the industry overall, and we are extremely enthusiastic to leverage ADI’s resources and world-class capabilities to propel our offerings and deliver greater value to the pro-AV industry,” said Jeffrey Wolf, general manager, Herman ProAV now part of ADI Global Distribution. “We could not think of a better organisation than ADI to help us deliver next level value and service to the AV industry. Our focus has always been to bring tangible efficiencies and cost-saving opportunities to our integrator partners through our procurement and labour services. And with the significant resources and best-in-class infrastructure of ADI, there is no doubt that we will be able to deliver even more value to an exponentially greater number of integrators,” said David Wolf, general manager, Herman ProAV now part of ADI Global Distribution.
Global provider of critical comfort and security solutions primarily in the residential sector, Resideo Technologies, Inc. has announced that Bob Appleby will join its ADI Global Distribution business as vice president and general manager of ADI North America, effective immediately. ADI North America head In his new role, Appleby will oversee all of ADI North America’s business operations across the United States, Canada and Puerto Rico, and will help ADI deliver on financial commitments, modernise operations and continue to reinforce its commitment to customer service excellence. Appleby will be based in Melville, N.Y., and report directly to ADI Global Distribution President Rob Aarnes. Appleby will be based in Melville, and report directly to ADI Global Distribution President Rob Aarnes Prior to joining Resideo, Appleby served in the pharmaceuticals distribution industry as president of H.D. Smith, now part of AmerisourceBergen. As president, he managed a business with 600 employees, 5,000 customers and 10 distribution facilities. During the first year of integration with AmerisourceBergen, Appleby and his team achieved more than 90% customer retention and over-delivered on their financial targets. Security services expert Prior to H.D. Smith, he spent a decade at Cardinal Health in various roles, including vice president of business development for the company’s Pharmaceuticals Supply Chain Services division. Appleby holds an MBA from Drexel University and a Bachelor of Science in Business Administration from Ohio State University. “Bob is an accomplished leader in the distribution industry with a proven track record of exceeding financial results while delivering exceptional customer service,” said Rob Aarnes, president of ADI Global Distribution. “His deep expertise and understanding of the needs of the customer will help ADI drive growth and deliver on our commitment to serving the professional contractor channel.”