M&A Deal Summary

Arrow Electronics Acquires Seneca Data Distributors

On August 14, 2014, Arrow Electronics acquired technology hardware company Seneca Data Distributors

Acquisition Highlights
  • This is Arrow Electronics’ 1st transaction in the Technology Hardware sector.
  • This is Arrow Electronics’ 17th transaction in the United States.
  • This is Arrow Electronics’ 2nd transaction in New York.

M&A Deal Summary

Date 2014-08-14
Target Seneca Data Distributors
Sector Technology Hardware
Buyer(s) Arrow Electronics
Deal Type Add-on Acquisition

Target

Seneca Data Distributors

North Syracuse, New York, United States
Seneca Data Distributors, Inc. is a operator of custom computer manufacturer.

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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 28 of 34
Sector: Technology Hardware M&A 1 of 1
Type: Add-on Acquisition M&A Deals 22 of 25
State: New York M&A 2 of 2
Country: United States M&A 17 of 20
Year: 2014 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-21 Greentech Sweden AB

VÄXJÖ, Sweden

GREENTECH is the leading ITAD and reverse logistics provider for refurbished, overstock and remarketed ICT equipment to both the public sector and to B2B customers in the Nordic region.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-02 RDC

Essex, United Kingdom

RDC was formed in 1991 starting life as a computer auction business, sourcing and selling second hand computer equipment to be sold at live auctions throughout southern England. Several years’ later product sales developed to encompass end of life IT disposal services helping private and public sector customers dispose of their used computer equipment. RDC became a specialist end of life solution provider for used and unwanted IT assets, focusing on the secure deletion of data stored on used computer equipment and responsibly recycling unusable and obsolete items.

Buy -