Resideo Technologies, Inc., just announced its completion of the acquisition of privately held distributor BTX Technologies, Inc. Scottsdale, Ariz.-based Resideo is, of course, a leading global provider of home comfort and security solutions. Even more relevantly for CI readers, it distributes commercial and residential security and audiovisual products. Meanwhile, Hawthorne, N.Y.-based BTX arose in 1967. It’s a leading distributor of professional audio, video, data communications and broadcast equipment.
Additionally, BTX offers a private brand portfolio, including the BookIT Room Scheduling Solution. Plus, it holds several patents for connectivity products and provides manufacturing services for custom broadcast fiber assemblies, panels and more. With warehouse locations in New York and Utah, BTX serves customers across North America and will be part of Resideo’s ADI Global Distribution business.
BTX Meshes with Long-Term Strategy at Resideo
Jay Geldmacher, president and CEO of Resideo, explains that expansion at ADI is a key part of Resideo’s long-term strategy. He adds, “We continue to make targeted investments to increase our market reach and accelerate growth in our distribution business.” According to Geldmacher, BTX aligns with that growth strategy, broadening Resideo’s offering across adjacent categories and through private brands, while expanding customer and supplier relationships. “BTX marks the sixth acquisition for our distribution business since 2020,” he declares.
Rob Aarnes, president of ADI, states that dealers depend on the organization to provide access to the latest products from top industry brands. He continues, “We identified pro AV as a growth category for ADI and our customers, and we are committed to providing the products, support and services customers need to capitalize on new opportunities.” Aarnes observes that BTX builds upon previous acquisitions and enhances ADI’s competitive position. The move, he says, also “…furthers our goal of being the indispensable partner of choice in AV.”
Terms of the transaction remain undisclosed.
For more Commercial Integrator coverage of merger-and-acquisition activity, check out our website archives.
