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SYNNEX merges with Tech Data in $7.2B deal


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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