Deal Snapshot
TECH DATA CLOSES ACQUISITION OF PUBLIC SECTOR FOCUSSED SOFTWARE FIRM DLT SOLUTIONS
Monday 02 December 2019

US-based IT products and services distributor Tech Data (NASDAQ: TECD) has closed the acquisition of US public sector-focussed software and cloud solutions aggregator DLT Solutions, the company said. Upon closing of the transaction, DLT will become a wholly owned subsidiary of Tech Data.
Tech Data said that, by bringing deeper specialisation in the federal, state and local markets, the addition of DLT enables Tech Data to proactively develop opportunities, accelerate growth and simplify complexity for its channel partners that are serving the US public sector space.


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Details
Date Published: 02/12/2019
Target: DLT Solutions
Country: USA
Sector: IT/Online Services
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Tech Data,  
Comment:
Terms of the deal were not disclosed

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