Announced
Financials
Sources
Tags
Completed
Single Bidder
tech accessory
United States
Majority
Clothing and Accessories
Private
carry bags
Domestic
Acquisition
Friendly
Synopsis
B. Riley Financial, a diversified financial services platform that delivers tailored solutions to meet the strategic, operational, and capital needs of its clients and partners, completed the acquisition of Targus, a provider of laptop cases and tech accessory products, for $250m. "This is an exciting development for our team as we accelerate our global expansion of the Targus business. Embedded throughout our nearly 40-year history is Targus' commitment to delivering quality design and superior service to our customers around the world. With a talented team serving as the driving force for continued innovation at Targus, we could not be more excited by the expanded opportunities that B. Riley can provide. We look forward to continuing to serve our customers and suppliers worldwide, and in partnership with B. Riley," Mikel Williams, Targus CEO and Chairman.
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