M&A Deal Summary

ModusLink Global Solutions Acquires Tech for Less

On December 7, 2009, ModusLink Global Solutions acquired electronics company Tech for Less for 30M USD

Acquisition Highlights
  • This is ModusLink Global Solutions’ 1st transaction in the Electronics sector.
  • This is ModusLink Global Solutions’ 3rd largest (disclosed) transaction.
  • This is ModusLink Global Solutions’ 5th transaction in the United States.
  • This is ModusLink Global Solutions’ 2nd transaction in Colorado.

M&A Deal Summary
Date 2009-12-07
Target Tech for Less
Sector Electronics
Buyer(s) ModusLink Global Solutions
Deal Type Add-on Acquisition
Deal Value 30M USD
Advisor(s) Livingstone Partners LLP (Financial)

Target

Tech for Less

Colorado Springs, Colorado, United States
Tech for Less is a leading purchaser, processor, and seller of customer-returned consumer electronic and technology products. The company sells items such as laptop computers, monitors, MP3 players, digital cameras, high-end servers, and flat screen televisions to thousands of customers throughout North America.

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Buyer(S) 1

Buyer

ModusLink Global Solutions

Waltham, Massachusetts, United States
Category Company
Founded 1986
Sector Transportation
Employees2,500
Revenue 561M USD (2015)
DESCRIPTION

ModusLink Global Solutions Inc. is a supply chain and logistics services that are designed to improve clients’ revenue, cost, sustainability and customer experience objectives.

DEAL STATS #
Overall 5 of 5
Sector (Electronics) 1 of 1
Type (Add-on Acquisition) 4 of 4
State (Colorado) 2 of 2
Country (United States) 5 of 5
Year (2009) 1 of 1
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-08-02 Modus Media

Westwood, Massachusetts, United States

Modus Media, Inc. is a provider in delivering integrated supply chain management services to companies in the hardware, software, telecommunications, broadband and wireless industries.

Buy $158M
Mergr

Product

Company

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