One Equity Partners (OEP) has entered into an agreement to acquire Nexora, the parent company of Almo Pro AV, with the transaction expected to close by March 2027. The proposed acquisition is expected to support investments in technology, digital services and distribution operations across North America and Europe.

For Almo Pro AV’s integrator customers and manufacturer partners, the investment is expected to support improvements to the distributor’s digital tools, ordering processes and customer services. Almo Pro AV said it is developing a new website and updating its bid registration and freight tools to provide faster access to information and streamline purchasing workflows.

“This partnership doesn’t change our direction. It accelerates where we’re already headed,” said Dan Smith, executive vice president of Almo Pro AV. “Our vendor partners and customers can continue to count on the connections they have today, combined with the specialized support that sets Almo Pro AV apart. With OEP’s investment and experience growing technology and distribution businesses, we now have a much larger platform to build on our strengths and create even greater value for our partners.”

Smith said the company’s digital investments are intended to improve efficiency for customers while allowing its sales teams to focus on customer relationships.

“We’re launching a more powerful website and improving bid registration and freight tools to give customers faster access to information and free up our sales teams to focus on relationships. For manufacturers, our expanded digital capabilities will help connect their products with more customers. We’re committed to continually improving the experience for everyone who works with Almo Pro AV.”

Nexora generates more than $3 billion in annual revenue and operates in more than 60 countries, serving over 30,000 customers through its distribution businesses. Its brands include Almo, Azenn Connect, CapTech, COMM-TEC, Hammer and JAM.

The company distributes products across professional AV, professional audio, lighting, musical instruments, computing infrastructure and consumer appliances.

“Over the past decade Nexora has executed significant transformation projects and acquisitions to create the leading Pro AV and Audio distributor. With our support, we are convinced Nexora can expand its position in both North America and Europe,” said Jamie Koven, partner at One Equity Partners.

Nexora will retain its existing management team following the transaction and continue its strategy of acquiring and expanding specialized distribution businesses. OEP is a private equity firm focused on the industrial, health care and technology sectors in North America and Europe.