SYNNEX buys into Westcon-Comstor

Westcon-Comstor announced today that its parent company, Datatec Limited has agreed to sell off its Americas Business (including North America and Latin America) and a minority stake in its International Business (comprised of EMEA and APAC) to US based, Fortune 500 distributor giant, SYNNEX. The agreement in addition allows a Datatec to pick up minority share in SYNNEX.

Dolph Westerbos, CEO at Westcon-Comstor

The companies has arrived to a understanding that they both will operate under a single go-to-market structure, ensuring that vendor partners and solution providers receive the same levels of service with no disruptions. The agreement also allows Westcon-Comstor International to better align its regional resources and seek new opportunities for growth.

“Our customers gain access to complementary technology solutions and business services that open up new opportunities to accelerate growth,” Dolph Westerbos, CEO at Westcon-Comstor said. “SYNNEX is an undisputed leader in IT distribution, particularly in North America. Their breadth of customers and technology solutions will be a tremendous benefit to our portfolio. This transaction not only brings together two complementary businesses, but also two similar cultures around employee and customer success.”

Kevin Murai, President and CEO at SYNNEX

The transaction is expected to close in the third calendar quarter of 2017, subject to the satisfaction of regulatory requirements and customary closing conditions. Until the transaction is completed, the companies will continue to operate independently.

“Westcon-Comstor has developed a successful business around the world with a very deep and talented team. We are excited to welcome the Americas organization to the SYNNEX family and look forward to leveraging their global expertise to serve our customers in new and innovative ways,” said Kevin Murai, President and CEO at SYNNEX.