Philadelphia, PA – 13 October 2026 – Almo Pro AV, a leading value-added North American Pro AV distributor with nationwide reach, today announced that One Equity Partners (OEP) has begun the process to purchase its parent company Nexora and become its long-term investment partner. Based on the purchasing agreement, the transition to ownership is expected to be completed by March 2027.
For Almo Pro AV’s manufacturer partners and customers, the move supports the distributor’s continued advancements in the digital tools and services that expand market reach and allow business to be conducted more effectively. For Nexora, the agreement supports a larger investment in technology and growth across North America and Europe, with the opportunity to connect manufacturers and customers across all of its businesses.
“This partnership doesn’t change our direction. It accelerates where we’re already headed,” said Dan Smith, Executive Vice President, 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 added, “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.”
According to the Nexora press release, Nexora currently generates more than $3B in annual revenue, holding relationships with more than 30,000 partners. It operates through local trading brands, including Almo, Azenn Connect, CapTech, COMM-TEC, Hammer and JAM, all of which have leadership positions in their respective markets.
Nexora will continue to be led by its existing management team, ensuring continuity of leadership and execution. The business will maintain its strategy to acquire and accelerate specialist local trading brands to deliver progressive technology which enriches lives.
Commenting on the announcement, Clive Fitzharris, Chief Executive Officer of Nexora, said: "Today marks an exciting next chapter for Nexora. As our business continues to deliver strong growth, One Equity Partners are a partner who share our vision and ambition to accelerate the next phase of our strategy and growth.
The partnership reflects the strength of the specialist business our people and partners have built together over decades. The things that make Nexora successful today will remain and indeed accelerate with this partnership.
Jamie Koven, Partner, One Equity Partners, added: “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.”
About Almo Pro AV
Formed in 2009, Almo Pro AV is a leading value-added North American Pro AV distributor with nationwide reach. Backed by a team of seasoned professionals with deep technical expertise and vertical-specific knowledge, Almo Pro AV delivers personalized service and support to customers of all sizes. Almo Pro AV’s focus extends beyond Pro AV, with dedicated teams focused on Hospitality, Emerging Technologies, Professional Services, and NSP. With strong industry relationships and a commitment to partner success, Almo Pro AV goes beyond distribution, empowering customers with the products, training, and support they need to grow with confidence. Follow Almo Pro AV on LinkedIn, Facebook, X, Instagram, and YouTube.
About Nexora
Nexora is the world's leading specialist distributor of professional technology, connecting leading technology brands with customers across more than 60 countries. To deliver progressive technology which enriches lives.
With annual revenue exceeding $3 billion, serving over 30,000 customers with an industry leading customer satisfaction through more than 2,000 specialist colleagues, Nexora operates across four attractive markets: Pro Audio & Visual, Pro Audio, Lighting & Musical Instruments, Custom Compute & Infrastructure, and Consumer Appliances.
Nexora combines deep technical expertise and specialist market access to help vendors accelerate growth and customers solve increasingly complex technology challenges from demand generation, solution design to logistics through trusted partnerships.
Built through a combination of organic growth, strategic acquisitions and entrepreneurial leadership, Nexora holds leading positions in specialist technology markets where expertise matters most to deliver progressive technology for real world outcomes.
Learn more at www.nexora.com and on LinkedIn at WeAreNexora.
About One Equity Partners
One Equity Partners (“OEP”) is a middle market private equity firm focused on the industrial, healthcare, and technology sectors in North America and Europe. The firm seeks to build market-leading companies by identifying and executing transformative business combinations. OEP is a trusted partner with a differentiated investment process, a broad and senior team, and an established track record generating long-term value for its partners. Since 2001, the firm has completed more than 500 transactions worldwide. OEP, founded in 2001, spun out of JP Morgan in 2015. The firm has offices in New York, Chicago, Frankfurt and Amsterdam. For more information, please visit www.oneequity.com
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Media Contacts
Traci Schaefer, TLS Communications, Inc., 630-269-4567, [email protected]
Laura Genoway, Head of Content Strategy & Media, Almo Pro AV, [email protected]