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Tag: mergers and acquisitions


ASSA ABLOY to acquire HHI division of Spectrum Brands, includes Kwikset

Suppliers

ASSA ABLOY to acquire HHI division of Spectrum Brands, includes Kwikset

September 9, 2021SSN Staff

STOCKHOLM—ASSA ABLOY has signed a definitive agreement to acquire the Hardware and Home Improvement (HHI) division of Spectrum Brands for a purchase price of $4.3 billion on a cash- and debt-free basis. The transaction is conditional upon regulatory approval and customary closing conditions and is expected to close during the fourth quarter of 2021. Spectrum Brands' HHI division is a leading provider of security, plumbing, and builders' hardware products to the North American...

Assa Abloy, Kwikset, mergers and acquisitions


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SYNNEX merges with Tech Data in $7.2B deal

Commercial

SYNNEX merges with Tech Data in $7.2B deal

March 24, 2021SSN Staff

FREMONT, Calif. and CLEARWATER, Fla.—SYNNEX Corp. and Tech Data, which is wholly owned by funds managed by affiliates of Apollo Global Management, Inc., announced a merger agreement valued at approximately $7.2 billion, including net debt. The combined company, with approximately $57 billion in estimated pro forma annual revenues and a team of over 22,000 associates and colleagues, will provide customers and vendors with expansive reach across products, services, and geographies to accelerate...

Apollo Global Management, mergers and acquisitions, Synnex, Tech Data


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General News

Is your merger and acquisition process as secure as you think?

December 2, 2019Max Emelianov

A merger or acquisition is extremely sensitive. You're looking at millions of dollars potentially changing hands, to say nothing of all the sensitive data and intellectual property. It should go without saying that security should be your number one priority; yet for some reason, many businesses seem to ignore it entirely.An organization in talks to acquire a startup is one-upped by a competitor that somehow knew the exact value of their offer.Identified as a redundancy, a disgruntled staffer makes...

Acquisitions, cyber security, Gartnerís Magic Quadrant, mergers, mergers and acquisitions


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General News

Doing your due diligence

July 17, 2013Martha Entwistle

YARMOUTH, Maine—When a bank considers making a loan to a security company it goes through a standard due diligence process, so if you're a security company looking to acquire a competitor, “you should look for the same things that we look for in your business,” according to Jennifer Holloway, managing director in the Security Industry Group at The PrivateBank.Holloway's remarks were part of a presentation she gave during an educational session she participated in with Security Systems...

Jennifer Holloway, mergers and acquisitions, physical security, Security Industry Group, SSN, The PrivateBank


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