Automation HQ Phone (713) 466-9283. WAVE Electronics Management | WAVE Electronics Management Team WELCOME TO BETA TESTING. Get Contact Info for All Departments. In bringing together WAVE and AVAD, Kingswood will create the single largest value-added distributor of high-end audio, video, security, and home automation solutions in the consumer electronics. Gordon Isaac Director of Sales- North America. Direct Phone (732) ***-**** Get Phone Number. Kingswood Capital Completes Acquisition of WAVE ... Areas for improvement. RC: IS AVAD BUYING WAVE ELECTRONICS? (Page 3 of 4)CEO Dishes on Merging Home Tech Distributors AVAD, WAVE ... Branch Manager of Next Level Distribution in Midwest. Nortek EDGE Contest 21 - WAVE Electronics Rebranding of eight AVAD locations and closure of six others gives WAVE Electronics 18 locations in the U.S. and two AVAD-branded outposts in Canada. This store will be powered by Are you the store owner? 4 talking about this. Enter using password. Kingswood Capital Acquires WAVE Electronics, Announces Merge With AVAD Kingswood Capital Management, LLC, a private equity firm, announced that it has acquired Houston TX-based WAVE Electronics. San Jose CA 95131. Kingswood will merge WAVE with its portfolio company, AVAD. Kingswood Capital Management, LLC, a private equity company that describes itself as "an operationally-focused lower-middle market" PE company - and the current owner of AVAD - announced today that it has purchased Houston, TX-based custom integration distributor WAVE Electronics, Inc. and plans to merge it with AVAD to create one total entity. The AVAD Canada bankruptcy declaration comes just one day after WAVE Electronics was purchased by Altamont Capital Partners. Shortly afterwards I received an email asking me to complete an online video introduction which was to be followed be an interview. WAVE is a distributor of A/V, security and home automation products to the residential and commercial custom installation markets. Supportive environment. We will forward to you the dealer application to complete. WAVE Electronics and AVAD, two big home-technology distributors with a combined 32 branch locations in the U.S. and Canada, have merged. | AVAD is the most complete custom electronics provider in North America. Dec 2017 - Feb 20191 year 3 months. IS AVAD BUYING WAVE ELECTRONICS? Order Online Tickets. Kingswood will merge WAVE with its portfolio company, AVAD LLC ("AVAD"). 4 Step 4. But it seemed like there were some unusual elements to this transaction. Tri-Ed Albuquerque, NM 87107 Phone: (505) 923-9914. Newest. Fair pay for job. Kingswood Capital Management, LLC, a private equity company that describes itself as "an operationally-focused lower-middle market" PE company - and the current owner of AVAD - announced today that it has purchased Houston, TX-based custom integration distributor WAVE Electronics, Inc. and plans to merge it with AVAD to create one total entity. That said, if you buy from AVAD or EDE, and work in Austin, you have to start buying here. Retailers now have access to deeper support and concierge service. The people that work at wave are super nice, very well trained on all . The process took 2 weeks. The MidCap credit facility financed the company's acquisition of a competing distributor Wave Electronics and provided it with flexibility to facilitate growth.. Video; Audio; Racks & Mounts; Cable & Connectors; Structured Wiring; Control & Lighting The AVAD website and mobile app will no longer accept orders." Located in Houston, WAVE Electronics was founded in 2002 and calls itself the "largest independent CI distributor in the nation." The company serves both . Location. The Systems Depot Duluth, GA 30096 Phone: (770) 986-8663. The merger happened when private equity firm Kingswood Capital, which acquired AVAD in 2016, picked up Houston-based WAVE earlier this month. The go-it-alone strategy hardly ever helps anyone. Kingswood Capital Completes Acquisition of WAVE Electronics, Announces Merger with AVAD October 3, 2018 10:48 am Press Room Kingswood Capital Management, LLC (together with its affiliates, "Kingswood"), an operationally-focused lower-middle market private equity firm, announced today that it has acquired Houston, Texas-based WAVE . The company is on credit hold with basically every supplier/vendor they have. Miami, Florida, United States. Post 31 made on Tuesday September 18, 2018 at 07:48: Archibald "Harry" Tuttle. Together, we are confident WAVE Electronics had been merged with AVAD when Kingswood Capital purchased it in 2018. that we will drive value for the business' customers, employees, vendors and other stakeholders in the months and years to come. Kingswood Capital Management, LLC, a private equity firm, announced that it has acquired Houston TX-based WAVE Electronics.Kingswood will merge WAVE with its portfolio company, AVAD.In bringing together WAVE and AVAD, Kingswood will create a value-added distributor of audio, video, security, and home automation solutions in the consumer electronics industry. Activity. Looking for Wave Electronics online? Contact us if you would like further information. Regional Sales Manager North America-East at AVAD LLC. In 2018, the company was acquired by Kingswood Capital and merged into AVAD, which itself was acquired by Kingswood in 2016. Walk in grab something off the shelf, pay and leave. Offering customers the most trusted brands, AVAD stocks solutions for home theater, home automation, pro AV, lighting . Joined: Posts: May 2009 945: View Profile. WAVE Electronics Opening Eight New Locations, Closing Six Former AVAD Locations Rebranding of eight AVAD locations and closure of six others gives WAVE Electronics 18 locations in the U.S. and two AVAD-branded outposts in Canada. Interview. Altamont Capital Partners has acquired certain assets of WAVE Electronics, distributor of connected home, audio/video, and residential security products with nine branches across the US. I applied for Wave Global's Junior Account Executive position via LinkedIn in June 2020 for the London offices. Advanced Member. The company offers audio/video, home automation, residential security products such as home theater, lighting controls, security and central vacuum to customers. 7/11/2016 7:03 AM. New company to be headquarters in Houston, TX and serve residential and proAV markets. AVAD Elk Grove Village, IL 60007 Phone: (847 . Password. AVAD is the most complete custom electronics provider in North America. 8648 Glenmont Dr, #190B, Houston . Pursuant to (i) that Credit and Security Agreement dated October 2, 2018 among Agent, Kingswood AVAD LLC, a Delaware limited liability company ("Holdings"), AVAD LLC ("AVAD"), Wave Electronics, Inc. ("Wave Electronics"), Wave Electronics Arizona, LLC ("Wave Arizona"), Wave Electronics California, LLC ("Wave California . Chris Moore is an Inside Sales Associate at WAVE Electronics based in Houston, Texas. Why did they do it? Displaying posts 46 through 55. Introducing the New WAVE Electronics BillTrust We have heard many of your requests for an easier way to manage your invoices and WAVE Electronics is excited to announce that beginning June 1st we are rolling out BillTrust, an online portal where you can pay and manage your invoices in one secure location. Read More. Being an installer, I can buy from here so this is only really valuable to industry folk :). Elura is sold exclusively through WAVE Electronics and AVAD to custom integrators and installers. With nine branch locations across the United States, WAVE, based here, is a single-source solution provider to an expansive base of independent integrators and national accounts. Reply. Gary Wermuth, founder of WAVE Electronics in Houston, TX, spoke with Strata-gee about his company's recent acquisition by Kingswood Capital, which also owns AVAD and plans to merge the two operations. WAVE is a distributor of AV, security and home automation products to the residential and commercial custom installation markets. What people like. HOUSTON — WAVE Electronics, a distributor of connected home, A/V and residential security products, has been acquired by Altamont Capital Partners for undisclosed terms. AVAD Pine Brook, NJ 07058-9641 Phone: (800) 760-4707. Unilateral Pricing Policy. In bringing together WAVE and AVAD, Kingswood will create the single largest value-added distributor of high-end audio, video, security, and home automation solutions in the consumer electronics industry. (503) 277-2060 Website. To complete your application, kindly submit a Contact Form. Eastern Regional Sales Manager Wave and Avad @ WAVE Electronics. 1 . They are broke. National leading Electronics Distribution Company.. According to the paperwork, AVAD Canada has an outstanding balance of $498,024 on that debt. Kingswood Capital Management has acquired WAVE Electronics. As part of this final step we will be integrating WAVE's award-winning dealer services, programming services, marketing services, and dealer rebate programs across all our branches in the United States. Menu & Reservations. WAVE and the U.S. operations of AVAD merged back in October 2018 and were both previously owned by Kingswood Capital in the U.S. Kingswood Capital Management LLC, an operationally focused, lower-middle market private equity firm, announced that it acquired Houston-based WAVE Electronics Inc. Kingswood will merge WAVE with its portfolio company, AVAD LLC. " Altamont Capital Partners is a PE firm based in the San Francisco Bay Area with more than $2.5 . The are no good reasons to work at Wave /Avad. Kingswood will merge WAVE with its portfolio company, AVAD LLC ("AVAD"). WAVE Electronics Opening Eight New Locations, Closing Six Former AVAD Locations. Dave Kirn. A quick update of the biggest things to happen in the AV industry last week. Los Angeles-based Kingswood Capital Management, a private equity firm, announces the acquisition of Houston-based WAVE Electronics Inc. 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