# Kingswood Capital acquires WAVE Electronics, merges with AVAD

Kingswood Capital Management acquired WAVE Electronics and will merge it with its portfolio company AVAD LLC to create the largest value-added distributor of high-end audio, video, security, and home automation solutions in North America.

- Type: Acquisition
- Announced: 2018-10-04
- Where: United States
- Status: completed
- Products: audio, video, security, home automation solutions
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Kingswood Capital Management](https://endata.com/companies/14164.md) (acquirer)
- [Wave Electronics](https://endata.com/companies/21332.md) (target)
- [AVAD LLC](https://endata.com/companies/34731.md) (partner)

## Sources

- [prweb.com](https://www.prweb.com/releases/Kingswood_Capital_Completes_Acquisition_of_WAVE_Electronics_Announces_Merger_with_AVAD/prweb15811748.htm), 2018-10-04: "Kingswood Capital Management, LLC announced today that it has acquired Houston, Texas-based WAVE Electronics, Inc. Kingswood will merge WAVE with its portfolio company, AVAD LLC."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.