M&A Deal Summary

Avnet Acquires CRG Electronics

On August 1, 2012, Avnet acquired distribution company CRG Electronics

Acquisition Highlights
  • This is Avnet’s 25th transaction in the Distribution sector.
  • This is Avnet’s 2nd transaction in Israel.

M&A Deal Summary

Date 2012-08-01
Target CRG Electronics
Sector Distribution
Buyer(s) Avnet
Deal Type Add-on Acquisition

Target

CRG Electronics

Carmiel, Israel
CRG Electronics Ltd. is a distributor of high quality PC products and electronic components serving the Israeli electronics industry.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Avnet

Phoenix, Arizona, United States

Category Company
Founded 1921
Sector Distribution
Employees15,462
Revenue 23.8B USD (2024)
DESCRIPTION
Avnet's corporate headquarters in Phoenix, Arizona.
Avnet's corporate headquarters in Phoenix, Arizona.

Avnet is a distributor of electronic components, computer products, and embedded technology serving customers globally. Avnet accelerates its partners' success by connecting the technology suppliers with a broad base of customers by providing cost-effective, value-added services and solutions. Avnet was founded in 1921 and is based in Phoenix, Arizona.


DEAL STATS #
Overall 60 of 78
Sector: Distribution M&A 25 of 32
Type: Add-on Acquisition M&A Deals 52 of 68
Country: Israel M&A 2 of 2
Year: 2012 M&A 9 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-12 Mattelli

Macclesfield, United Kingdom

Mattelli Ltd. is a specialist in IT estate management. The UNITY platform developed by Mattelli enables organisations to effectively manage their IT hardware and software assets and solve common challenges such as software compliance, contract management, renewals management, cost allocation and tracking, budget forecasting and tracking, and tendering.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-02 Pepperweed Consulting

Pittsburgh, Pennsylvania, United States

Pepperweed Consulting, LLC is an IT enterprise management and integration provider. As an HP Software Elite Partner and winner of multiple HP Partner-of-the-Year awards, Pepperweed Consulting works with channel partners and customers to buy, deploy, support and manage HP IT Performance Suite, Converged Cloud and Insight software stacks.

Buy -