• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

My TechDecisions

  • Best of Tech Decisions
  • Topics
    • Video
    • Audio
    • Mobility
    • Unified Communications
    • IT Infrastructure
    • Network Security
    • Physical Security
    • Facility
    • Compliance
  • RFP Resources
  • Resources
  • Podcasts
  • Project of the Week
  • About Us
    SEARCH
Audio, IT Infrastructure, News, Unified Communications, Video

Exertis To Acquire Almo, Expand North American Business

Exertis is acquiring Almo Corp. in North America, the biggest such deal in the history of Extertis’ parent company DCC Technology.

December 15, 2021 Zachary Comeau Leave a Comment

Exertis Almo

Technology distribution giant Exertis is acquiring Almo Corp. in North America, the biggest such deal in the history of Extertis’ parent company DCC Technology, one that purportedly makes it the largest pro AV specialist business in North America.

According to Exertis, this deal builds on other acquisitions the company made in North American, including Stampede, Jam Industries, The Music People and JB&A.

The transaction was based on an initial enterprise value of about $610 million on a cash-free, debt-free basis, and was conducted in a bilateral transaction with the Chaiken family, the owners and managers of Almo since its foundation 75 years ago, according to DCC’s regulatory filings.

For DCC, the move comes just three years after the company entered the North American market in 2018, and immediately makes the company a major player in the pro AV supply chain.

“The North American market is the largest B2B and consumer technology market in the world and the acquisition will enhance DCC Technology’s presence and capability in the consumer channel where Almo is also the largest national distributor of consumer appliance and lifestyle products,” DCC says in filings. “It is led by a highly experienced management team with a high-quality sales, marketing and operating infrastructure.”

With the acquisition, DCC expects to see revenues of approximately $2.4 billion in North America.

The family-owned, third-generation Almo will bring its 660 employees, nine distribution centers and more than 2.5 million square feet of warehousing space in North America to the combined company, and will benefit from Exertis’ financial resources and supply chain logistics.

For Exertis, the acquisition provides its North American business with increased back-end economies of scale allied to the front-end specialization that will add multiple benefits for vendors and partners, Exertis says in an announcement.

The Chaiken family will continue to operate Almo, with Warren Chaiken as president and CEO and Gene Chaiken as chairman. However, the combined company will eventually be led by Sam Taylor, Almo’s current executive vice president and chief operating officer. After the deal closes, the business will be rebranded as Exertis Almo Pro AV.

John Dunne, a longtime senior executive currently leading the Exertis Pro AV team in North America will join the Alamo executive team and help lead the merger. Almo’s premium appliances and mainstream appliances divisions will continue to be led by industry veterans and Almo’s senior vice presidents Steve Terry and Jack Halperin respectively.

Tom Griffin, managing director of DCC Technology and Exertis, reaffirms that the deal will make Exertis the largest specialist pro AV distributor in North America.

“Almo’s 75-year history of growth and success, combined with its longstanding relationships with industry partners and its ability to continually innovate and expand will be great assets to Exertis,” Griffin says. “In turn, we will bring significant economies of scale, global supply chain access and other benefits to the customers of Almo Corporation.

The deal comes at the tail end of Almo’s yearlong 75th anniversary celebration, during which Warren Chaiken says is the perfect time to give vendors and channel partners a “truly global distribution stage” that leverages more buying power and the ability to compete for a more comprehensive position in the global supply chain.

We are committed to growing with our partners by remaining their value-added distributor with larger scale and access to more products, more services and more financial support,” Chaiken says. “For them, this transition will be seamless in that we will operate business as usual.”

If you enjoyed this article and want to receive more valuable industry content like this, click here to sign up for our digital newsletters!

Tagged With: Almo, Exertis, Pro AV

Related Content:

  • Cloud, SASE, Aryaka How the Cloud is Redefining Media Production and…
  • Singlewire Software mass notification interview Singlewire Software on Mass Notification Solutions
  • URI catchbox 1 Catchbox Plus: The Mic Solution That Finally Gave…
  • Engaging virtual meeting with diverse participants discussing creative ideas in a bright office space during daylight hours Diversified Survey: Workplace AV Tech is Falling Short,…

Free downloadable guide you may like:

  • Practical Design Guide for Office SpacesPractical Design Guide for Office Spaces

    Recent Gartner research shows that workers prefer to return to the office for in-person meetings for relevant milestones, as well as for face-to-face time with co-workers. When designing the office spaces — and meeting spaces in particular — enabling that connection between co-workers is crucial. But introducing the right collaboration technology in meeting spaces can […]

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Downloads

Practical Design Guide for Office Spaces
Practical Design Guide for Office Spaces

Recent Gartner research shows that workers prefer to return to the office for in-person meetings for relevant milestones, as well as for face-to-fa...

New Camera Can Transform Your Live Production Workflow
New Camera System Can Transform Your Live Production Workflow

Sony's HXC-FZ90 studio camera system combines flexibility and exceptional image quality with entry-level pricing.

Creating Great User Experience and Ultimate Flexibility with Clickshare

Working and collaborating in any office environment today should be meaningful, as workers today go to office for very specific reasons. When desig...

View All Downloads

Would you like your latest project featured on TechDecisions as Project of the Week?

Apply Today!

More from Our Sister Publications

Get the latest news about AV integrators and Security installers from our sister publications:

Commercial IntegratorSecurity Sales

AV-iQ

Footer

TechDecisions

  • Home
  • Welcome to TechDecisions
  • Contact Us
  • Comment Guidelines
  • RSS Feeds
  • Twitter
  • Facebook
  • Linkedin

Free Technology Guides

FREE Downloadable resources from TechDecisions provide timely insight into the issues that IT, A/V, and Security end-users, managers, and decision makers are facing in commercial, corporate, education, institutional, and other vertical markets

View all Guides
TD Project of the Week

Get your latest project featured on TechDecisions Project of the Week. Submit your work once and it will be eligible for all upcoming weeks.

Enter Today!
Emerald Logo
ABOUTCAREERSAUTHORIZED SERVICE PROVIDERSYour Privacy ChoicesTERMS OF USEPRIVACY POLICY

© 2025 Emerald X, LLC. All rights reserved.