M&A Deal Summary

Arrow Electronics Acquires TechTurn

On January 18, 2012, Arrow Electronics acquired environmental company TechTurn from L Catterton Partners

Acquisition Highlights
  • This is Arrow Electronics’ 1st transaction in the Environmental sector.
  • This is Arrow Electronics’ 13th transaction in the United States.
  • This is Arrow Electronics’ 4th transaction in Texas.

M&A Deal Summary

Date 2012-01-18
Target TechTurn
Sector Environmental
Buyer(s) Arrow Electronics
Sellers(s) L Catterton Partners
Deal Type Add-on Acquisition

Target

TechTurn

Austin, Texas, United States
TechTurn Ltd. is a provider of electronics asset disposition (EAD) services that specializes in the processing and sale of technology devices that are returned or recycled from businesses and consumers.

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Buyer(S) 1

Buyer

Arrow Electronics

Centennial, Colorado, United States

Category Company
Founded 1935
Sector Distribution
Employees21,520
Revenue 27.9B USD (2024)
DESCRIPTION
Entrance to Arrow Electronics' corporate headquarters in Centennial, Colorado.
Entrance to Arrow Electronics' corporate headquarters in Centennial, Colorado.

Arrow Electronics is a global supplier of products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions. Arrow's diverse customer base consists of original equipment manufacturers, contract manufacturers, and other commercial customers. Arrow Electronics was incorporated in 1935 and is headquartered in Centennial, Colorado.


DEAL STATS #
Overall 21 of 34
Sector: Environmental M&A 1 of 4
Type: Add-on Acquisition M&A Deals 17 of 25
State: Texas M&A 4 of 4
Country: United States M&A 13 of 20
Year: 2012 M&A 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-08 Chip One Stop

Yokohama, Japan

Chip One Stop, Inc. is an e-commerce electronics components distributor. Chip One Stop has offices throughout Japan and is focused primarily on supplying electronic components to design engineers. Partnering with more than 700 suppliers of electronic components, the company offers a "one-stop-shopping" experience allowing its customers to access selected stocked parts data, and a sourcing request service through a comprehensive database with more than 8 million line items.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-27 Asset Recovery

St. Paul, Minnesota, United States

Asset Recovery is a provider of end-of-life solutions for computer and electronic equipment for businesses and individuals.

Buy -

Seller(S) 1

SELLER

L Catterton Partners

Greenwich, Connecticut, United States

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1989
PE ASSETS 37.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

L Catterton is a private equity firm that targets investments in consumer-related companies located throughout North America. L Catterton looks for businesses with identifiable brands and operating in 'defensible and extensible' positions within growth industry segments. Specific sectors of interest include branded consumables, food/beverages, consumer services, restaurants, media and marketing, household durables, specialty retail, mass merchant retail, and luxury/apparel. Prospective transactions include management buyouts, recapitalizations, turnarounds, and growth financings. L Catterton was formed in 1990 and is based in Greenwich, Connecticut.


DEAL STATS #
Overall 25 of 105
Sector: Environmental M&A 1 of 1
Type: Add-on Acquisition M&A Deals 9 of 49
State: Texas M&A 2 of 8
Country: United States M&A 23 of 76
Year: 2012 M&A 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-05 Beanitos

Austin, Texas, United States

Beanitos LLC is an all-natural, high fiber, high protein, gluten-free snack company with a variety of bean-based chip products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-21 Anthony s

Fort Lauderdale, Florida, United States

Anthony’s is a casual dining pizza and wing brand that currently operates 61 company-owned restaurant locations along the east coast, with a strong presence in Florida (28 units), Pennsylvania (12 units), and New Jersey (8 units). Anthony's was founded in 2002 and is based in Fort Lauderdale, Florida.

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