M&A Deal Summary

Tech Data and Likewize Acquire Brightstar Europe

On January 1, 2007, Tech Data and Likewize acquired distribution company Brightstar Europe

Acquisition Highlights
  • This is Tech Data’s 5th and Likewize’s 1st transaction in the Distribution sector.
  • This is Tech Data’s 2nd and Likewize’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2007-01-01
Target Brightstar Europe
Sector Distribution
Buyer(s) Tech Data
Likewize
Deal Type Joint Venture

Target

Brightstar Europe

Basingstoke, United Kingdom
Brightstar Europe is a distributor of mobile devices. The mobile market is constantly changing as technology develops and evolves, opening up new possibilities for consumers and businesses, and new opportunities for resellers and retailers.

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Buyer(S) 2

Buyer

Tech Data

Clearwater, Florida, United States

Category Company
Founded 1974
Sector Distribution
Employees14,000
Revenue 37.2B USD (2019)
DESCRIPTION
Tech Data's corporate headquarters in Clearwater, Florida.
Tech Data's corporate headquarters in Clearwater, Florida.

Tech Data is a distributor of technology products, services, and solutions. Its advanced logistics capabilities and value-added services enable 125,000 resellers in more than 100 countries to support the technology needs of end-users. Tech Data was formed in 1974 and is based in Clearwater, Florida.


DEAL STATS #
Overall 5 of 16
Sector: Distribution M&A 5 of 10
Type: Joint Venture M&A Deals 1 of 2
Country: United Kingdom M&A 2 of 4
Year: 2007 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-02-06 Azlan Group

Basingstoke, United Kingdom

Azlan Group PLC, a distributor of innovative, high margin products in the networking, communications and peripherals segments of the IT sector.

Buy $235M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-04 TDMobility

Libertyville,, Illinois, United States

ActivateIT will offer Tech Data’s U.S.-based Value Added Resellers (VARs) a centralized and customized Platform-as-a-Service (PaaS) under the brand name TDMobility.TDMobility powered by ActivateIT will provide data services, software, hardware, accessories, technical support, billing management, asset management, and training and installation services.

Buy -
Buyer

Likewize

Southlake, Texas, United States

Category Company
Founded 1997
Sector Insurance
DESCRIPTION

Likewize is a global provider of cell phone and electronic device protection products and services, resolving hundreds of millions of customer issues each year across insurance, warranty, repairs, trade-ins, recycling, and premium tech support. The Company serves a wide array of clients including carriers, financial institutions, retailers, and mobile phone OEMs across the world. Likewize was founded in 1997 and is based in Southlake, Texas.


DEAL STATS #
Overall 1 of 11
Sector: Distribution M&A 1 of 2
Type: Joint Venture M&A Deals 1 of 2
Country: United Kingdom M&A 1 of 4
Year: 2007 M&A 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-04 TDMobility

Libertyville,, Illinois, United States

ActivateIT will offer Tech Data’s U.S.-based Value Added Resellers (VARs) a centralized and customized Platform-as-a-Service (PaaS) under the brand name TDMobility.TDMobility powered by ActivateIT will provide data services, software, hardware, accessories, technical support, billing management, asset management, and training and installation services.

Buy -