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Tech Data

Private Equity Giant Apollo Global Management Acquires Tech Data in $5.4B Buyout

November 13, 2019 by Ted Leave a Comment

Tech Data logo

Tech Data, one of the largest technology distributors in the U.S. and globally, has been acquired by Apollo Global Management, a private equity powerhouse, in a deal valued at $5.4 billion. The deal announced today, is expected to close by mid-2020.

Read more on this mega-deal with Tech Data

[Read more…] about Private Equity Giant Apollo Global Management Acquires Tech Data in $5.4B Buyout

Filed Under: Brands, Distributors, Economic Trends, Financial, News, Strategy Tagged With: acquisition, Apollo Global Management, private equity, Tech Data

Sterns Moves Quickly to Rework Sony’s CI Business

March 13, 2014 by Ted Leave a Comment

Sony logoWhen we first reported on the appointment of Frank Sterns as Sony’s VPĀ  of A/V Specialty/Custom Integration on the eve of the September 2013 CEDIA Expo, like many of you…we were skeptical. After all, we’ve heard encouraging announcements from Sony before…only to watch those initiatives in limited distribution, high-end products fall into disrepair through over-distribution, under-resourcing, or both.

But this time is different, Sterns tells us. And as he runs around the country setting up a whole new sales operation…we’re beginning to believe him.

See more on Sterns’ rapid ramp-up of a new Specialty A/V-CIS division for Sony… [Read more…] about Sterns Moves Quickly to Rework Sony’s CI Business

Filed Under: Management, Manufacturers, Marketing, News, Pivot Point, Specialty, Strategy Tagged With: 4K Ultra HDTV, Frank Sterns, High resolution audio, Infinity, Niles Audio, Sony, Tech Data

Tech Data Must Restate Financials for Last Three Years

March 22, 2013 by Ted Leave a Comment

BREAKING NEWS

Tech Data logoClearwater, FL-Based Tech Data Corp. said today that it will restate some of its financial results for the period of time covering the fiscal years of 2011, 2012, and 2013. According to the company, it has discovered “improprieties” with how its U.K. subsidiary reflected vendor accounting.

See more on this surprising announcement…find out how big the impact will be… [Read more…] about Tech Data Must Restate Financials for Last Three Years

Filed Under: Distributors, Financial, Law, News Tagged With: Robert Dutkowsky, Tech Data

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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