Multiband acquires assets of US Install
MINNEAPOLIS - Multiband Corporation, the nationÃ¢â‚¬â„¢s largest DIRECTV master system operator for multiple dwelling units, announced in February it has completed an acquisition of the assets of Minneapolis-based privately-held U.S. Install, a national home theater and video surveillance installation company. Multiband has created a new division, called U.S. Install and will integrate the purchased assets into existing operations.
U.S. Install is contracted nationally with a network of installation providers who collectively have more than 11,000 employee installers nationwide. Its client list includes a variety of retailers and consumer electronics product manufacturers, for which U.S. Install provides end user commercial and residential installations. Multiband will utilize existing sales, marketing and operational resources to service current U.S. Install customers, and gain new customers by increasing U.S. InstallÃ¢â‚¬â„¢s operational capacity.
The acquisition of U.S. Install marks the entrance into residential and commercial consumer electronics installations for Multiband. U.S. Install is currently involved in a test of home theater installation services at SamÃ¢â‚¬â„¢s Club in select locations nationwide. In addition, the company has a national distribution agreement with Elexa Consumer Products, Inc. for sales and distribution of the LevelMount brand of LCD and Plasma Wall Mount Brackets. U.S. Install is an authorized national installer for Lorex TechnologyÃ¢â‚¬â„¢s complete line of commercial and residential video surveillance products. Each of these agreements is backed by a consent agreement that approves the assignment transfer of the contractual agreements from U.S. Install to Multiband.