One Equity Partners (OEP) has reached an agreement to acquire Nexora, the parent company of Almo Pro AV, with the transaction expected to close by March 2027, Nexora said. The deal, as described by Nexora, is intended to accelerate investments in technology, digital tools and services across the company’s North American and European operations.
Management and strategy to remain in place
Nexora said it will retain its existing management team and continue pursuing a strategy of acquiring and growing specialist local trading businesses. Nexora’s portfolio includes Almo, Azenn Connect, CapTech, COMM-TEC, Hammer and JAM, which operate across markets in North America and Europe.
The company reported annual revenue of more than $3 billion and said it works with more than 30,000 partners. Nexora described OEP’s experience growing technology and distribution businesses as a rationale for the partnership.
“This partnership doesn’t change our direction. It accelerates where we’re already headed,” said Dan Smith, Executive Vice President, Almo Pro AV.
In publicly quoted comments included in Nexora’s announcement, Dan Smith outlined planned investments in digital customer experience and seller enablement tools. Smith said Almo Pro AV is working on a new website and enhancements to bid registration and freight tools to speed customer access to information and free sales teams to focus on relationships. He also said expanded digital capabilities will help manufacturers connect their products with more customers.
What Nexora says it will invest in
- Upgrades to customer-facing digital tools, including a redesigned website
- Improvements to bid registration and freight tools to accelerate access to information
- Expanded digital capabilities to connect manufacturers with more customers
In its statement, Nexora framed the transaction as enabling greater investment in technology, digital commerce and services while preserving existing vendor and customer relationships. The announcement did not disclose purchase price, financing details or regulatory approvals.
| Company | Role | Noted figures |
|---|---|---|
| Nexora | Seller (parent company) | More than $3 billion annual revenue; >30,000 partners |
| Almo Pro AV | Portfolio company / distributor | Will retain management; digital and site upgrades planned |
| One Equity Partners (OEP) | Acquirer | Transaction expected to close by March 2027 |
Nexora said the acquisition will support greater investment in technology and digital tools to improve experiences for both manufacturers and customers. The statement added that the transaction will enable Almo Pro AV and other Nexora businesses to build on existing strengths with a larger platform and additional resources.
Beyond the quoted comments, Nexora did not provide further timeline specifics for the rollout of the new website, the technical scope of bid-registration and freight-tool improvements, or which teams will lead the digital initiatives. The companies also did not publish the transaction value or detailed financing terms in the announcement.
Deal completion is contingent on customary closing conditions; Nexora set March 2027 as the expected close timeframe.
