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Tech Data CEO Rich Hume On The $5.4 Billion Deal That Will ‘Accelerate Our Future’

‘They have the ability to invest organically as well as acquisitively in Tech Data. So this is a scenario where we have the fortune of potentially being acquired by someone who has the opportunity to really accelerate our business moving forward,’ Tech Data CEO Rich Hume says of the deal to be acquired by Apollo Global Management.

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Will this change how aggressive Tech Data is on pricing?

Tech Data has always had to be competitive in the market, and we will continue to do what we need to do to be competitive in the market. I would say that as it relates to pricing in particular that they should not anticipate any change versus what they have seen from us historically.

Will this deal have any sort of bearing on supply chain?

As we go from a public company to a private company, Apollo will acquire us and we'll continue to be a stand-alone entity, Tech Data within that portfolio. This is not like there is going to be businesses smashed together, as there would be in perhaps a strategic transaction. You should anticipate no changes in our supply chain. If anything, you should you should anticipate our supply chain, on the continuum, to get better and better as we continue to invest in capabilities over time. There will be only a beneficial outcome as we move through time as it relates to our supply chain.

 
 
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