Tri-Ed and Northern Video Systems Consolidate with a Purpose
The two distribution companies announced on Tuesday that, with the help of Dallas-based Brazos Private Equity Partners LLC, they were combining operations. Acquired by the private equity firm in a transaction initiated by Imperial Capital LLC, the new organization will operate as Tri-Northern Security Distribution Inc., with Tri-Ed and Northern executives Steve Roth and Mark Haney retaining the mantles of chief executive officer and president, respectively. The new company offers 41 operating locations across North America. Imperial Capital served as exclusive financial advisor to Tri-Ed Distribution and as a financial advisor to Northern Video Systems.