Kingswood Capital acquires AVAD and AVAD Canada
U.S. private equity firm Kingswood Capital Management has acquired AVAD LLC, a North American distributor of audio and video solutions focused on the commercial and residential custom installation markets. No financial terms were disclosed. The deal included AVAD's Canadian subsidiary, AVAD Canada Ltd, which is based in Mississauga, Ontario. The parent organization has its headquarters in Sherman Oaks, California. Kingswood recruited consumer electronics and distribution industry executives to lead the acquired company.
5 July 2016•3 mins read
