M&A Deal Summary

Synnex Canada Acquires Redmond Group of Companies

On May 1, 2007, Synnex Canada acquired distribution company Redmond Group of Companies for 45M CAD

Acquisition Highlights
  • This is Synnex Canada’s 2nd transaction in the Distribution sector.
  • This is Synnex Canada’s 0th largest (disclosed) transaction.
  • This is Synnex Canada’s 2nd transaction in Canada.
  • This is Synnex Canada’s 2nd transaction in Ontario.

M&A Deal Summary

Date 2007-05-01
Target Redmond Group of Companies
Sector Distribution
Buyer(s) Synnex Canada
Deal Type Add-on Acquisition
Deal Value 45M CAD

Target

Redmond Group of Companies

Mississauga, Ontario, Canada
Redmond Group of Companies LP is a consumer electronics distribution company.

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Buyer(S) 1

Buyer

Synnex Canada

Toronto, Ontario, Canada

Category Company
Founded 1980
Sector Distribution
Employees50,000
Revenue 10.8B USD (2013)
DESCRIPTION

Synnex Canada Ltd. is a distributor of technology products to resellers and system builders across Canada.


DEAL STATS #
Overall 2 of 3
Sector: Distribution M&A 2 of 3
Type: Add-on Acquisition M&A Deals 1 of 2
State: Ontario M&A 2 of 3
Country: Canada M&A 2 of 3
Year: 2007 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-05-04 United Stationers - Azerty Ink & Toner Business

Ontario, Canada

Azerty United Canada - Ink & Toner Business is a distributor of ink and toner to business customers throughout Canada.

Buy $17M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-16 Supercom Canada

Markham, Ontario, Canada

Supercom Canada Ltd. is a distributor of IT and consumer electronics products and services.

Buy CA$37M