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Tag: Audax Group


Suppliers

Anixter to acquire Tri-Ed for $420 million

August 11, 2014Martha Entwistle

GLENVIEW, Ill.—Today, Anixter International announced that it will acquire Tri-Ed for $420 million, so now Tri-Ed, which had aspirations to become a "billion dollar distribution business," will be part of a $1.7 billion security distribution company.Anixiter will buy Tri-Ed from Audax Group, a private equity firm, which acquired Tri-Ed in April 2012.Since getting into security in 2000, Anixter has “quietly built a $1.1 billion security business, but we're still the guy people don't think...

Anixter to acquire Tri-Ed, Audax Group, Bob Eck, CEO Pat Communale, Imperial Capital, John Mack, security distribution business, Security Systems News


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Suppliers

Tri-Ed/Northern buys SGI

November 30, 2012Martha Entwistle

WOODBURY, N.Y.—Tri-Ed/Northern today closed a deal to buy San Antonio-based SGI, a wholesale distributor with 13 branches and about 80 employees, Pat Comunale, Tri-Ed/Northern president and CEO, told Security Systems News.“It definitely makes us the dominant independent distributor in the Southwest,” Comunale said. “And it gets us into six additional markets that we were not in.”“We're holding true to form on our buy-and-build strategy,” he said. “We...

Audax Group, DataCom, Pat Comunale, Security Systems News, SGI, Tri-Ed/Northern


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Suppliers

Tri-Ed/Northern buys one, opens two

July 18, 2012Martha Entwistle

WOODBURY, N.Y.—As promised when it was acquired by private equity firm Audax Group in April, Tri-Ed/Northern Video is expanding. The independent national distributor on July 16 announced the acquisition of Seabreeze Security Distributors of Orlando, Fla., and announced plans to open two new branches: one in Detroit and one in Raleigh, N.C.In addition to backing from Audax, the possibility of an increase in the capital gains tax is pushing deals along, Pat Comunale, Tri-Ed/Northern president...

Anixter, Audax Group, Ingram Micro, Kirk Schultz, Nikki Carter, Northern Video, Pat Comunale, ScanSource, SDC, Seabreeze Security Distributors


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Suppliers

Tri-Ed/Northern acquired by private equity firm

April 4, 2012Martha Entwistle

Updated with quotes from Pat Comunale at 12 p.m. on April 5.BOSTON—Audax Group, a $5 billion private equity firm based here, announced April 4 that it has acquired Tri-Ed/Northern Video."We're really focused on becoming a billion dollar distribution business," Pat Comunale, CEO and president of Tri-Ed/Northern Video told Security Systems News. "It took five years to double the business the first time around. We think we'll be there [at $1b in revenue] in another three to five years," he said....

Audax Group, Brazos Private Equity, Imperial Capital, Jay Mitchell, John Mack, Security Systems News, Tri-Ed/Northern Video


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