22475
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Tri-Northern Security Distribution

Trieo

Headquarters

Woodbury, NY

Sector

Industrial Growth

Website

www.tri-ed.com

Transaction Type

Family Owned, Closely Held

Status

Realized

Description

The second largest distributor of residential and commercial electronic security products in North America. The company was formed with management through the acquisition and subsequent merger of Tri-Ed Distribution and Northern Video Systems Distribution to become the #2 market leader in the $5.5 billion North American security distribution market. The company distributes a full product suite of video, access control, intrusion, fire and cable products from leading manufacturers in the electronic security market.

Value Creation Opportunity

  • Completed transformational combination of Tri-Ed and Northern Video through simultaneous acquisition of both entities
  • Centralized back-office functions resulting in significant cost savings
  • Drove incremental revenue through focusing a new national sales team on large dealers and systems integrators
  • Greenfielded new branches in New York and Atlanta that broadened the company‚Äôs geographic footprint
  • Completed three add-on acquisitions of regional competitors
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