Add-on Acquisition • Distribution

TDL Gentek Acquires Microcel

On July 22, 2024, TDL Gentek acquired distribution company Microcel from Atar Capital

Acquisition Context
  • This is TDL Gentek’s 1st transaction in the Distribution sector.
  • This is TDL Gentek’s 1st transaction in Canada.
  • This is TDL Gentek’s 1st transaction in Ontario.

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M&A Deal Summary

Date July 22, 2024
Target Microcel
Sector Distribution
Buyer(s) TDL Gentek
Sellers(s) Atar Capital
Deal Type Add-on Acquisition

Target Company

Microcel

Newmarket, Ontario, Canada
Microcel is a distributor of technology products from wearables, portable audio, computer and telephony accessories, to smart home and outdoor tech solutions. Microcel was founded in 1989 and is based in Newmarket, Ontario.
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Buyer Overview 1

Buyer

TDL Gentek

Trenton, Ontario, Canada

Category Company
Founded 1979
Sector Distribution
DESCRIPTION

TDL Gentek provides distribution services to retailers, e-commerce fulfillment, service providers, and installers nationwide. They offer a wide range of products including broadband access, antennas, networking equipment, and various installation tools and accessories. TDL Gentek was founded in 1979 and is based in Trenton, Ontario.


Deal Context for Buyer #
Overall 1 of 1
Sector: Distribution 1 of 1
Type: Add-on Acquisition 1 of 1
State: Ontario 1 of 1
Country: Canada 1 of 1
Year: 2024 1 of 1

Seller Profile 1

DESCRIPTION

Atar Capital is a private investment firm focused on complex acquisitions and turnarounds. The Firm has a special interest in non-core or non-strategic divestures of public companies. Atar seeks opportunities with $50 million to $1.5 billion of revenue and up to $25 million of EBITDA. Targeted sectors include automotive, manufacturing, distribution, industrials, business services, media/entertainment, technology, consumer products, food/beverages, healthcare, aerospace/defense, and transportation. Atar Capital was established in 2016 and is based in Los Angeles, California.


Deal Context for Seller #
Overall 7 of 7
Sector: Distribution 1 of 1
Type: Add-on Acquisition 3 of 3
State: Ontario 1 of 1
Country: Canada 2 of 2
Year: 2024 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-13 Douglas Lighting Controls

Burnaby, British Columbia, Canada

Douglas Lighting Controls is a global commercial manufacturer of lighting control equipment having engineered scalable, easy-to-install centralized, and decentralized digital lighting control systems for schools, offices, commercial buildings, campuses, and sports complexes throughout North America. Douglas Lighting Controls was formed in 1962 and is based in Burnaby, British Columbia.

Sell -