PowerHouse Alliance distributor member Audio America now has expanded buying power and reach in the Chicago market and broader Midwest
Jupiter, FL – February 21, 2020 – Audio America, premium regional distributor of consumer electronics and 12V products with distribution centers in Florida, Atlanta, Chicago, and Los Angeles, announces the acquisition of Consumer Electronics Distributors, Inc. (C.E.D.), AV and specialty electronics distributor in the Chicago metropolitan market and broader Midwest. As of February 20, they move forward as a combined company, Audio America.
Combined, Audio America and C.E.D. have over 50 years of experience in the industry. As members of national distributor consortium, the PowerHouse Alliance, the regional distributors are renowned in the industry for convenient locations providing access to over 250 lines, training programs, service and support, and commitment to their customers and vendor partners. With the acquisition, the new larger Audio America also has stronger buying power.
“After decades of organic growth, the C.E.D. acquisition represents the next level of expansion for Audio America,” said Audio America Chairman Ryan Munder. “Combining two industry leaders makes sense not just from a financial standpoint, but also culturally and strategically. We look forward to continued growth as we pursue our business model built on trust, innovation, and helping others.”
Audio America plans for growth, expansion, and improvements to provide stronger buying power, better service and support from the expanded sales force and customer service and technical support personnel. The acquisition expands Audio America’s territory: Existing customers can continue to shop and order from the company’s Florida, Atlanta, Chicago, and Los Angeles distribution centers, and Audio America now welcomes customers to three additional showrooms and distribution centers in Illinois, Wisconsin, and Minnesota. Customers of the former C.E.D. and Audio America locations can look forward to new products, brands, and categories becoming available soon.
“At Audio America we believe that our people are the key to our success. We’re excited to join forces with the talented C.E.D. team, who bring technical, management, and service manpower to Audio America,” said Audio America CEO Jonathan Elster. “In this new chapter, customers across our regions will be supported by our larger team of experts, expanded regional footprint, and broader product portfolio. The acquisition benefits everyone involved, so we look forward to Audio America’s future.”
Audio America and C.E.D. customers can expect business as usual for ordering, support, and shopping at their local locations.
To learn more about Audio America, please visit www.audioamerica.com.
About Audio America
Founded in 1993, Audio America is a preferred distributor of Consumer Electronics and 12V products. The company offers custom-tailored supply chain management services ideally suited to meet the priorities and distribution requirements of the eCommerce, Business-to-Business, and Business-to-Consumer markets. Headquartered in Jupiter, Florida, with business operations in Atlanta, Chicago and LA, Audio America serves a customer base of over 3000 channel partners and retailers in the US. Learn more about Audio America at: www.audioamerica.com.