September 10, 2024, WAVE Electronics, a national leader in electronics distribution based in Houston, TX, is officially announcing its successful acquisition of KOA Electronics Distribution, LLC, a highly respected AV, security, and CCTV distributor headquartered in Panorama City, California.

This strategic acquisition marks a significant milestone in WAVE’s expansion across the United States, enhancing its ability to serve a broader range of customers with an expanded portfolio of products and services.

Mark Fukuda (L) and Anton Tomassian

Mark Fukuda, Chief Executive Officer of WAVE Electronics, expressed his enthusiasm for the acquisition, stating, “I’ve been very impressed with the KOA team over the years and the growth they have accomplished in such a short time. I’m very excited to have our teams partner together to expand our overall US footprint to 16 locations. This expansion marks a significant chapter in our 21-year history and will definitely open up opportunities for both companies. The value creation for both WAVE Electronics and KOA is the synergistic combining of resilient cultures, exceptional leadership, and high value long-term vendor partners. Our goal remains to focus on the needs of our customers and continue our commitment to offer the best-in-class products and value services WAVE Electronics is known for.”

Bryan Stewart, Chief Sales Officer of WAVE, added, “KOA has had great success building market share, adding vendors that bring value to the dealer base, and most importantly creating a culture where everyone wants to win. WAVE Electronics is looking forward to assisting the KOA team with value adds that generate revenue while driving dealer retention and growth.”

Anton Tomassian, Chief Executive Officer, KOA Electronics Distribution, LLC, stated, “WAVE has done an amazing job growing their business and developing their brands. I’m anxious for my team to tap into their vast resources and experience for the benefit of our dealers.” Under the terms of the agreement, KOA will continue to operate as KOA and Anton Tomassian will remain the CEO of KOA. As always, KOA customers can expect the same great products and personalized services with many exciting new dealer focused products and programs on the horizon.

Please direct inquiries to: PR@waveinc.net

About Altamont Capital Partners

Altamont Capital Partners is a private equity firm based in Palo Alto, California, with over $4B of capital under management, focused primarily on making long-term, control investments in middle market businesses. ACP relies on partnering with strong management, supporting the business with considerable resources, and bringing a constructive and pragmatic mindset to drive significant long term value.

About KOA Electronics Distribution LLC.

Since opening their doors in 2008, KOA Electronics Distribution LLC. (KOA E.D.I.) has rapidly become a trusted leader in the electronics distribution industry, catering to the custom integration markets throughout California and Nevada. With seven conveniently located branches, KOA offers an unparalleled selection of cutting-edge products from the world’s most renowned brands, specializing in CCTV, A/V, networking, smart home, and accessory solutions for both residential and commercial projects.

In 2018, KOA E.D.I. proudly joined the prestigious Powerhouse buying group, empowering the company to deliver even greater value and access to top-tier brands for their customers. The KOA team of experts is dedicated to providing innovative system designs and tailored solutions, backed by exceptional customer service that sets business apart in the distribution industry.

Whether dealers are looking for a customized system design, expert consultation, or simply need access to the best brands in the business, KOA E.D.I. is here to elevate the business experience.

About WAVE Electronics LLC

Founded in 2002, WAVE Electronics is headquartered in Houston, Texas, and is the largest independent CI (Custom Integrator) distributor in the nation. WAVE Electronics services local and national dealers that span across multiple channels of business that include residential/commercial A/V, and security. WAVE Electronics is recognized as the "one-stop" solution with over 8000 stock items from 86 premium manufacturers. WAVE Electronics locations incorporate training facilities and lavishly merchandised showrooms for dealers to use as their own. WAVE Electronics also goes the extra mile by offering a broad variety of services to their custom integrators, which includes delivery, financial support, sales and product training, marketing services, 24/7 dealer online shopping, and much more.