M&A Deal Summary

CDI Technologies Acquires Trox

On July 18, 2019, CDI Technologies acquired distribution company Trox from AEA Investors

Acquisition Highlights
  • This is CDI Technologies’ 1st transaction in the Distribution sector.
  • This is CDI Technologies’ 2nd transaction in the United States.
  • This is CDI Technologies’ 1st transaction in Arizona.

M&A Deal Summary
Date 2019-07-18
Target Trox
Sector Distribution
Buyer(s) CDI Technologies
Sellers(s) AEA Investors
Deal Type Merger

Target

Trox

Phoenix, Arizona, United States
Trox is a national distributor of audio visual products primarily serving the K-12 and higher education markets. Trox helps customers simplify purchasing, deployment, and lifecycle management of complex solutions and offers industry-leading warranties and customer support.

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Buyer(S) 1

Buyer

CDI Technologies

Markham, Ontario, Canada
Category Company
Founded 1981
Sector Technology Hardware
DESCRIPTION

CDI Technologies is a refurbisher and remarketer of enterprise-grade IT equipment to educational institutions.

DEAL STATS #
Overall 2 of 2
Sector (Distribution) 1 of 1
Type (Merger) 1 of 1
State (Arizona) 1 of 1
Country (United States) 2 of 2
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-07 Lifespan Technology Recycling

Newton, Massachusetts, United States

LifeSpan provides hardware recycling and disposal, data destruction, hardware resale, and a full range of IT asset disposition services to corporations, OEMs, and municipalities nationwide.

Buy -

Seller(S) 1

SELLER

AEA Investors

New York, New York, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1968
PE ASSETS 19.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

AEA Investors is a private investment firm focused on investing in and acquiring businesses headquartered primarily in the US, Europe, and China. AEA looks for companies operating in stable to growing industries with a proven ability to generate positive cash-flow. Broad sectors of interest include value-added industrial products/services, specialty chemicals, consumer products, and services. In addition to its primary middle-market private equity fund, AEA maintains additional funds targeted towards mezzanine financing, senior secured debt, and small business buyouts. AEA Investors was formed in 1968 and is based in New York City.

DEAL STATS #
Overall 58 of 78
Sector (Distribution) 14 of 16
Type (Merger) 1 of 1
State (Arizona) 1 of 1
Country (United States) 54 of 71
Year (2019) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-17 Allied Power Group

Houston, Texas, United States

Allied Power Group is an independent provider of aftermarket maintenance and repair solutions for heavy-frame IGTs, primarily serving the electric utility industry. APG’s fully-integrated offering includes engineered inspections and repairs, specialized coatings, precision manufacturing of replacement components, experienced field service professionals, multi-faceted rotor repair, and an expansive inventory of refurbished parts. Allied Power Group was founded in 2005 and is based in Houston, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-19 Jack s

Homewood, Alabama, United States

Jack's is an operator of quick-service restaurants specializing in burgers, fried chicken, made-from-scratch biscuits, crinkle-cut fries, and hand-dipped shakes. Jack's was founded in 1960 and is based in Homewood, Alabama.

Buy -
Mergr

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