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Announced

Completed

TD SYNNEX-backed Shyft Global Services completed the acquisition of Cokeva.

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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Domestic

Completed

Single Bidder

computer hardware company

Computer Hardware

United States

Acquisition

Majority

Private

Friendly

Synopsis

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TD SYNNEX-backed Shyft Global Services, an outsource technology company that offers supply chain management, IT asset disposition, and customer management, completed the acquisition of Cokeva, a computer hardware company offering enterprise computing and measurement equipment. Financial terms were not disclosed. “When making this strategic decision for Cokeva, we knew we had found the right fit for both our employees and our customers. Shyft’s breadth of service capabilities — in repair and technology lifecycle services — and commitment to its customers are powerful indicators of what can be expected for Cokeva’s employees and customers. We are very proud of what our team has accomplished over the past 30+ years and can’t wait to see what comes next,” Ann Nguyen, Cokeva CEO.

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