M&A Deal Summary

Vibrant Technologies Acquires TechWorks

On May 16, 2017, Vibrant Technologies acquired technology hardware company TechWorks

Acquisition Highlights
  • This is Vibrant Technologies’ 1st transaction in the Technology Hardware sector.
  • This is Vibrant Technologies’ 1st transaction in the United States.
  • This is Vibrant Technologies’ 1st transaction in Wisconsin.

M&A Deal Summary

Date 2017-05-16
Target TechWorks
Sector Technology Hardware
Buyer(s) Vibrant Technologies
Deal Type Add-on Acquisition

Target

TechWorks

Wauwatosa, Wisconsin, United States
TechWorks LLC is a networking remarketer, specializes in Cisco and HP networking equipment. TechWorks brings category expertise and industry leadership to Vibrant in refurbished and off-lease Cisco Networking switches and routers, Juniper equipment, HP ProCurve Networking, Dell PowerConnect Switches, and additional brands of new and used network hardware.

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Buyer(S) 1

Buyer

Vibrant Technologies

Eden Prairie, Minnesota, United States

Category Company
Sector Retail
DESCRIPTION

Vibrant Technologies, Inc. is a buyer and seller of new and used enterprise IT equipment, including servers, networking hardware and data storage equipment.


DEAL STATS #
Overall 1 of 1
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Wisconsin) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1