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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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Any closing thoughts on this deal?

Next week Tech Data will be 45 years old in our industry. We’ve gone from, you know, basically the garage to being a $37 billion business in that time frame. We have great partnerships within the vendor community as well as with all of our customers and I am confident that as we move forward we will be enriching the relationships even further beyond what we have today, based on turning the page, and moving to the next chapter in the journey. So I'm extremely excited about our future, not only as a company, but our future with the relationships that we've built over those 45 years.

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