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Exclusive Group Acquires VAD Fine Tec Canada to Expand North American Presence
Monday 11 February 2019

11 February 2019 - France-based value-added services and technologies group Exclusive Group has acquired Canadian cybersecurity VAD Fine Tec Canada to complement its existing US presence and expand North American footprint, the company said.
Terms of the transaction were not disclosed.
The deal coincides with the appointment of Exclusive Group veteran Laurent Daudré-Vignier as SVP North America to oversee and grow operations across the region. Together this enables vendor, GSI and reseller partners with a complete solution for North American value-added distribution services, and boosts the company's aggressive global growth trajectory.
Exclusive Group said its success in North America to date has been critical to executing its global strategy, and its intention has always been to build on its US presence with the addition of a leading specialist VAD in the Canadian market.
Exclusive Group is a specialist VAD in cybersecurity and cloud transformation. Exclusive Group creates opportunities across the channel ecosystem by bridging skills gaps in cyber and cloud.
With 50+ offices across five continents, and presence in over 100 countries, Exclusive Group is the global value-added services and technologies group with a hybrid distribution model that is optimised for volume but differentiated by value.
Fine Tec Canada optimises business for IT security and Network solution vendors, resellers, and their customers--end to end. Starting as a value-added distributor in the year 2000, Fine Tec Canada has become the heart of an ecosystem comprised of leading and emerging technology vendors who provide network-security and data-integrity solutions for our broad network of resellers across Canada.
Details
Date Published: 11/02/2019
Target: Fine Tec Canada
Country: Canada
Sector: IT/Online Services
Type: Corporate acquisition
Financing: Cash and Stock
Status: Agreed
Vendor:
Buyer: Exclusive Group
Comment:
Terms of the deal were not disclosed

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