On the Record · Tech Data
Tech Data acquisitions, on the record
The businesses Tech Data bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Avnet's Technology Solutions business (TS)Word for word“On September 19, 2016, we entered into an interest purchase agreement, as subsequently amended, with Avnet, Inc. (“Avnet”) to acquire Avnet's Technology Solutions business ("TS").” 10-K for 2018 | agreed acquisition | On September 19, 2016 | — |
Signature Technology Group, Inc.Word for word“$27.8 million of cash paid for the acquisition of Signature Technology Group, Inc.” 10-K for 2018 | acquisition | — | $27.8 million of cash paid |
subsidiaries in Chile and PeruWord for word“$20.0 million of proceeds from the sale of our subsidiaries in Chile and Peru” 10-K for 2018 | divestiture | — | $20.0 million of proceeds |
Avnet Technology Solutions business settlement (TS purchase price)Word for word“In August 2018, we entered into a settlement agreement with Avnet to finalize the TS purchase price (see Note 5 of Notes to Consolidated Financial Statements for further discussion), which resulted in the recognition of a gain of $9.6 million during the year ended January 31, 2019.” 10-K for 2019 | agreed acquisition | In August 2018 | — |
Avnet, Inc.'s Technology Solutions businessWord for word“On February 27, 2017, we acquired all the outstanding shares of Avnet, Inc.'s ("Avnet") Technology Solutions business ("TS") for an aggregate purchase price of approximately $2.8 billion, comprised of approximately $2.5 billion in cash and 2,785,402 shares of Tech Data common stock.” 10-K for 2020 | acquisition | On February 27, 2017 | approximately $2.8 billion |
DLT SolutionsWord for word“We acquired all of the outstanding shares of DLT for a preliminary purchase price of approximately $210 million in cash, subject to certain working capital and other adjustments.” 10-K for 2020 | acquisition | — | approximately $210 million in cash |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2017-01-31 | $2.9 million | $0 | $2.7 million |
| 2018-01-31 | $2.25 billion | $0 | $722.2 million |
| 2019-01-31 | $124.2 million | $9 million | $6.2 million |
| 2020-01-31 | $209.9 million | $0 | $82.9 million |
Deal filings since 2016
- 2020-06-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-06-30 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2020-03-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-11-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-11-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-11-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-08-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-05-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-04-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-02-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-08-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-02-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-02-27 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-01-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-11-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-10-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-09-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Tech Data’s annual reports (10-K for 2020, 10-K for 2019, 10-K for 2018) and the financial data it files with the SEC, as of 2020-03-25. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.