DCC Technology Launches Exertis North America Business
Exertis' parent company creates Exertis North America to manage acquisitions Jam Industries and Stampede.
Distributor DCC Technology, which trades under the Exertis brand, has unveiled a new business — Exertis North America.
DCC has created the new business to manage the operations of acquisitions Jam Industries and Stampede.
Exertis’ Marty Szpiro
Longtime president and CEO of Jam Industries, Marty Szpiro, steps in as president and CEO of the new company.
Exertis North America announced in May that former Stampede CEO Kevin Kelly was stepping down as its president and CEO. Stampede rebranded as Exertis in 2020. It will now operate under the Exertis Pro AV banner, run by John Dunne. Dunne is the former Exertis North America chief commercial officer.
Jam Industries becomes Exertis/Jam, with the company’s current CFO Stuart Frenkel at the helm.
“DCC Technology has established leadership positions in selected value-added distribution specialisms in North America,” said Tim Griffin, MD of DCC Technology.
‘Priority Market’
Exertis entered the North American market in 2018 with its purchase of Buffalo, New York-based Pro AV distributor Stampede. The same year, it acquired Montreal-based Jam Industries. Both businesses have since grown organically and by acquisition, including the purchases of JB&A in San Francisco and The Music People of Hartford, Connecticut, within the last year.
Griffin said the rebranding of Jam Industries to Exertis/Jam “is a natural next step.” “We have a great team in place and the journey has just begun,” he said.
Clive Fitzharris is managing director of Exertis International.
“We are delighted with the growth and development of our Exertis-branded business in North America,” Fitzharris said. “It is a priority market with great potential.”
Szpiro described the acquisition of Jam Industries as “a great success.” He said that Dublin-based DCC added tremendous resources to its growth mission.
His role, he added, is “to unite a tremendous family of distribution companies into a single, powerful market force,” promising to deliver “value and growth for all stakeholders.”
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