M&A Deal Summary

TD SYNNEX Acquires Gates/Arrow Distributing

On May 6, 2002, TD SYNNEX acquired distribution company Gates/Arrow Distributing from Arrow Electronics

Acquisition Highlights
  • This is TD SYNNEX’s 1st transaction in the Distribution sector.
  • This is TD SYNNEX’s 1st transaction in the United States.
  • This is TD SYNNEX’s 1st transaction in New York.

M&A Deal Summary
Date 2002-05-06
Target Gates/Arrow Distributing
Sector Distribution
Buyer(s) TD SYNNEX
Sellers(s) Arrow Electronics
Deal Type Divestiture

Target

Gates/Arrow Distributing

Melville, New York, United States
Gates/Arrow is a full-line distributor of computer systems, peripherals and software, servicing value-added resellers across North America.

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Buyer(S) 1

Buyer

TD SYNNEX

Fremont, California, United States
Category Company
Founded 1980
Sector Business Services
Employees22,000
Revenue 24.7B USD (2020)
DESCRIPTION
Entrance to SYNNEX's corporate headquarters in Fremont, California.
Entrance to SYNNEX's corporate headquarters in Fremont, California.

TD SYNNEX is a business process services company, servicing resellers, retailers and original equipment manufacturer. TD SYNNEX provides services in IT distribution, supply chain management, contract assembly and business process outsourcing. TD SYNNEX was formed in 1980 and is based in Fremont, California.

DEAL STATS #
Overall 1 of 15
Sector (Distribution) 1 of 6
Type (Divestiture) 1 of 7
State (New York) 1 of 3
Country (United States) 1 of 11
Year (2002) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-05-10 License Online

Greenville, South Carolina, United States

License Online, Inc. is a provider of Web-based software licensing technology.

Buy -

Seller(S) 1

SELLER

Arrow Electronics

Centennial, Colorado, United States
Category Company
Founded 1935
Sector Distribution
Employees22,100
Revenue 33.1B USD (2023)
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. These customers include manufacturers of industrial equipment and consumer products serving industries ranging from telecommunications, automotive and transportation, aerospace and defense, medical, professional services, and alternative energy, among others. Arrow Electronics was incorporated in 1935 and is headquartered in Centennial, Colorado.

DEAL STATS #
Overall 1 of 1
Sector (Distribution) 1 of 1
Type (Divestiture) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2002) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-01-01 Electronics Distribution Group

United States

Electronics Distribution Group of Bell Industries is a distributor of electronic components.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-10-05 Alternative Technology

Englewood, Colorado, United States

Alternative Technology, Inc. is a thin-client/server-centric computing distributor with a focus on LAN, WAN and Internet implementations that integrate voice and data. As a technical distributor, Alternative provides its customers with education and technical support services to insure the quality and profitability of all of its resellers' installations. The Company sells to a VAR base of about 3,200 customers in the United States.

Buy -
Mergr

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