Resideo Completes Acquisition of BTX Technologies
The acquisition builds upon growing the pro AV product category and the private brands offering within ADI Global Distribution.
SCOTTSDALE, Ariz. – Resideo Technologies has announced it has completed the acquisition of privately held distributor BTX Technologies, based in Hawthorne, N.Y. Terms of the acquisition were not disclosed.
BTX, founded in 1967; distributes professional audio, video, data communications and broadcast equipment. In addition, BTX offers a private brand portfolio, including the BookIT Room Scheduling Solution, holds several patents for connectivity products and provides manufacturing services for custom broadcast fiber assemblies, panels and more. The company has warehouse locations in New York and Utah, serving customers across North America. It will be part of Resideo’s ADI Global Distribution business.
“Expansion at ADI is a key part of Resideo’s long-term strategy, and we continue to make targeted investments to increase our market reach and accelerate growth in our distribution business,” says Jay Geldmacher, president and CEO of Resideo. “In line with our growth strategy, BTX broadens our offering across adjacent categories and through private brands while expanding our customer and supplier relationships. BTX marks the sixth acquisition for our distribution business since 2020.”
Resideo, through its ADI Global Distribution business, is a leading wholesale distributor of low-voltage security and life safety products for commercial and residential markets. The company serves a variety of adjacent product categories including audio visual, data com, wire and cable, and smart home solutions.
Rob Aarnes, president of ADI, says: “Dealers depend on ADI to provide them with access to the latest products from the industry’s top brands. 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. BTX builds upon our previous acquisitions, enhances our competitive position, and furthers our goal of being the indispensable partner of choice in AV.”
Last month, Resideo announced that it had completed the acquisition of Teknique, a New-Zealand-based company that specializes in edge-based, artificial intelligence-enabled video camera development and solutions.
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