There has obviously been a TON of information published, interviews conducted, Web X Meetings, etc, from both inside and outside the channel in regards to the acquisition of IAVI by Almo Pro AV. Now that the dust has settled, and as a 10 year employee and Senior Manager at IAVI before the acquisition, here is a look at the acquisition from (perhaps) a little DIFFERENT perspective.
- “OMG we’ve been bought out by a competitor in the industry”
- “OMG do I have a job?”
- “Oh no, what ARE we going to do?”
Rewind 3 months to April 13th
IAVI was a 19 year old Commercial – Pro A/V Distributor; a veteran so to speak in the channel with HUGE growth percentages year after year since the mid 2000’s. Almo Pro AV, the company that acquired IAVI, was for the last 7 years one of our chief competitors, certainly our rival in the channel and now; they’ve both taken us out of the game and literally taken over in general. The world as WE knew is now totally upside down and “we” have seemingly LOST the battle.
Fast forward… (it’s now the end of September!)
Where are we today?
“We” as the new combined Almo Pro AV have participated in the third of our E4 AV Tour of the year in Boston, exhibited at InfoComm in June, conducted our annual National Sales Meeting in July, and have one more E4 AV Tour shows coming up soon: Dallas on October 18th (SAVE THE DATE!)
Virtually ALL of Almo Corporation and Almo Pro AV Senior Management have visited the new Almo Florida office and have provided the EX IAVI team with their motives for acquiring the company, and their vision for the future. They’ve shared opinions and insights with us in regards to the “best practices” that had been identified early on between the two companies and we’ve watched as they’ve specifically implemented some of the IAVI practices quickly into the NEW combined Almo Pro AV.
The results of the due diligences investigations that took place prior to the acquisition have been shared and many of us have been proud to see our NEW company adopt and implement many IAVI practices into the new combined Almo Pro AV almost immediately.
Those of us that were offered positions at Almo have been extremely impressed with the ongoing thought process of Almo Corporation owners and the executive team in the Pro AV Division digging deep into all of the business practices of the acquired company to make the new combined company even BETTER than the previous two individual organizations.
My hats off to Gene, Roz, and Warren Chaiken, Sam Taylor and the rest of the Almo Pro AV Senior Management team for the care and dedication they demonstrated in trying to FIND ways to retain members of the IAVI Team throughout the entire organization in lieu of finding reasons to let them go.
Many people have told me over the years and especially right after the IAVI acquisition, that Almo is a PEOPLE first company and that they recognize their greatest assets as their employees. As a NEW employee of Almo Pro AV it’s my pleasure to testify to the truth of their words and it’s my pleasure to be a part of such a warm and caring organization. I for one am very PROUD to be a part of this incredible new Almo Pro AV TEAM!