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Almo Professional A/V completes acquisition with IAVI

May 16, 2016

Almo Professional A/V reported that it has acquired International Audio Visual Inc, making Almo the largest privately held professional audio video distributor in the industry and a $1.2 billion corporation, according to a company press release. It is also a global company through the procurement of IAVI's Latin American business.

"Throughout our 70-year history, Almo has always maintained the value-add distribution model," said Warren Chaiken, president and CEO of Almo Corporation. "The IAVI acquisition is a cohesive fit because of the similar culture and approach to the market. With our new global presence, we plan to expand into new markets that will continue to fuel Almo's consistent and strong growth."

Almo Pro A/V customers can expect the following:

• Access to Almo's content creation, installation and bandwidth managed services, which provide a new dimension of growth and ongoing revenue potential.
• An eBusiness portal named Almo ACCESS that includes online tracking, ordering, price sheets, return requests, customized spec sheets, images and other information.
• Competitive pricing and shipping rates.
• Inventory in seven warehouses across the country for nationwide projects.
• Access to new product lines for the professional and consumer markets
• And education programs, such as the E4 AV Tour, to help resellers stay ahead of the trends and be more competitive.

"It has been an exciting month, with the announcement of the acquisition during our E4 AV partner event in Washington, D.C, then the presentation of our newly combined staff at E4 Atlanta — we've received an extremely positive response about the acquisition from the AV community," said Sam Taylor, executive vice president and COO of Almo Professional A/V. "As part of the business plan, we have retained over 60 former IAVI employees, all of whom will stay in their respective locations and conduct business under the Almo name. These factors will greatly expand our capabilities and reach while increasing our ability to provide the industry with the best distribution service, products and integration support available."

"The acquisition is working out tremendously well," said Wade Gilbert, founder of IAVI. "Almo has taken the best practices from both organizations to make the new combined company even stronger."

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Almo Pro AV

Almo Pro AV is the largest value-added North American Professional AV distributor, offering its reseller partners the most expansive range of products, managed services, technical support, and training to drive business growth and generate profits.

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