DCC Technology, an international technology value-added distribution specialist, has announced the formation of a new business unit—Exertis North America—to manage the operations of its recent acquisitions, Jam Industries and Stampede.
Marty Szpiro, the longtime President and CEO of Jam Industries, will serve as President and CEO of Exertis North America. Stuart Frenkel, Jam Industries’ current CFO, will become the new President of the renamed Exertis/Jam. Stampede, which rebranded as Exertis last year, will operate under the Exertis Pro AV banner led by John Dunne, its President and Managing Director.
A Natural Next Step
“DCC Technology has established leadership positions in selected value-added distribution specialisms in North America,” Tim Griffin, Managing Director of DCC Technology, said. “The rebranding of Jam Industries to Exertis/Jam is a natural next step as we continue our focus on our people, our vendors and our customers. We have a great team in place, and the journey has just begun.”
Clive Fitzharris, Managing Director of Exertis International, added, “We are delighted with the growth and development of our Exertis-branded business in North America. It is a priority market with great potential. Congratulations to Marty, Stuart and John.”
Commenting on his new role, Szpiro noted, “The acquisition of Jam Industries was a great success, with DCC Technology/Exertis clearly adding tremendous resources to our growth mission. I see my new role as a great opportunity to unite a tremendous family of distribution companies into a single, powerful market force that delivers value and growth for all stakeholders.”
Exertis entered the North American market in 2018 with its purchase of Stampede, a nationwide commercial AV distributor. The same year, it acquired Jam Industries, a pro-audio, musical-instrument and consumer-electronics distributor in Canada and the US. Both businesses have since grown organically and by acquisition.
Jam Industries’ commercial audio brands include The Music People/TMP Pro, Ashly Audio, Erikson and American Music & Sound.
For more news from Sound & Communications, click here.