M&A Deal Summary

Trox Acquires CDI Technologies

On July 18, 2019, Trox acquired technology hardware company CDI Technologies from H.I.G. Private Equity

Acquisition Highlights
  • This is Trox’s 1st transaction in the Technology Hardware sector.
  • This is Trox’s 1st transaction in Canada.
  • This is Trox’s 1st transaction in Ontario.

M&A Deal Summary
Date 2019-07-18
Target CDI Technologies
Sector Technology Hardware
Buyer(s) Trox
Sellers(s) H.I.G. Private Equity
Deal Type Merger

Target

CDI Technologies

Markham, Ontario, Canada
CDI Technologies is a refurbisher and remarketer of enterprise-grade IT equipment to educational institutions.

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Buyer(S) 1

Buyer

Trox

Phoenix, Arizona, United States
Category Company
Founded 1946
Sector Distribution
DESCRIPTION

Trox is a national distributor of audio visual products primarily serving the K-12 and higher education markets. Trox helps customers simplify purchasing, deployment, and lifecycle management of complex solutions and offers industry-leading warranties and customer support.

DEAL STATS #
Overall 2 of 2
Sector (Technology Hardware) 1 of 1
Type (Merger) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-22 CCS Presentation Systems

Scottsdale, Arizona, United States

CCS Presentation Systems provides full service integration, installation and maintenance of audio and video equipment including interactive whiteboards, projectors, LCD & plasma displays, audio systems, control systems and more. The company has expanded from a two-person operation to one of the largest A/V integrators in the U.S., with more than 300 employees, sales offices in 11 states and annual sales in excess of $100 million.

Buy -

Seller(S) 1

SELLER

H.I.G. Private Equity

Miami, Florida, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1993
PE ASSETS 65.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

HIG Private Equity is the private equity arm of HIG Capital LLC. The firm focuses on management buyouts, growth equity investments, and recapitalizations of middle market companies with an enterprise value of $50 - $1000 million. The Firm also will consider add-on acquisitions, industry consolidations, going-privates, and corporate divestitures. Sectors of interest include aerospace, building materials, business services, consumer products, distribution, healthcare, infrastructure, contracting, manufacturing, media, oil & gas services, IT, and transportation. HIG was formed in 1993 and has offices in Miami, Atlanta, Boston, and San Francisco. HIG's European affiliate is HIG Europe with offices in London, Hamburg, and Paris.

DEAL STATS #
Overall 113 of 176
Sector (Technology Hardware) 1 of 2
Type (Merger) 4 of 5
State (Ontario) 2 of 4
Country (Canada) 4 of 8
Year (2019) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-01 HOA

Atlanta, Georgia, United States

HOA is an operator of over 430 Hooters restaurants in 44 states and 27 foreign countries. HOA is well-known for its brand of food and fun, featuring a casual beach-theme atmosphere, a menu that features seafood, sandwiches and Hooters nearly, chicken wings, and service provided by the All-American cheerleaders, the Hooters Girls. HOA was founded in 1983 and is based in Atlanta, Georgia.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-04 Nadir

São Paulo, Brazil

Nadir is a glass tableware producer in Brazil and the 6th largest in the world. Nadir provides high-quality products and long-standing relationships with all major distributors and retailers. Nadir was founded in 1912 and is based in Sao Paulo, Brazil.

Buy -
Mergr

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