Altamont Capital Partners, a priate equity firm, agreed to acquire the assets of WAVE Electronics, a distributor of connected home, audio/video, and residential security products with nine branches across the US. Financial terms were not disclosed. "We are excited to be making this investment, and we are delighted to have the opportunity to partner with Mark and the rest of the team to fuel WAVE's continued profitable growth. Together, we are confident that we will drive value for the business' customers, employees, vendors and other stakeholders in the months and years to come," Randall Eason, Altamont Managing Director.