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Resideo Acquires Electronic Custom Distributors

Jul 06, 2022over 3 years ago

Acquiring Company

Resideo

Acquired Company

Electronic Custom Distributors

ScottsdaleManufacturing

Description

Resideo Technologies, Inc. (NYSE: REZI), a leading global provider of home comfort and security solutions and distributor of commercial and residential security and audio-visual products, today announced it has acquired privately held Electronic Custom Distributors, Inc. ("ECD"), based in Houston, Texas. ECD was founded in 1960 and is a leading regional distributor of residential audio, video, automation, security, wire and telecommunication products. With four branch locations and a 30,000 sq. ft. distribution center, ECD serves AV contractors across the Texas, Oklahoma, Louisiana and Arkansas (TOLA) region, and will be part of Resideo's ADI Global Distribution business.

Company Information

Company

Resideo

Location

Scottsdale, Arizona, United States

About

Resideo Technologies, Inc. is a leading manufacturer and distributor of technology-driven products and solutions. The company is focused on expanding its presence in the smart living products and distribution sector through strategic acquisitions. With a strong portfolio of offerings, Resideo is committed to delivering innovative solutions for both residential and commercial markets.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed