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Announced

Completed

Tech Data completed the acquisition of DLT Solutions.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Acquisition

Private

Majority

IT Services: Other

Friendly

cloud computing

digital design

United States

Completed

Synopsis

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Tech Data, an end-to-end technology distributor, completed the acquisition of DLT Solutions, a value-added reseller of software and hardware and professional services providers to the federal, state, and local governments as well as educational institutions. Financial terms were not disclosed. "This transaction represents an opportunity for DLT to expand its value proposition by aligning with a Fortune 100 company that brings broader vendor and partner relationships, financial strength, and a strong commitment to solutions aggregation. Government customers continue to look to new cloud and as-a-service delivery models requiring access to more technologies and partners to deliver them. The addition of DLT enables Tech Data to proactively develop opportunities, accelerate growth and simplify complexity for its channel partners serving the US public sector space," Art Richer, DLT CEO.

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