Tech Data Spends $350M To Build Growing European Biz

Law360, New York (September 5, 2012, 12:37 PM EDT) -- Technology products distributor Tech Data Corp. will fork over about $350 million for several distribution units of information technology services company Specialist Computer Holdings PLC, the Clearwater, Fla.-based buyer said Wednesday, adding to its growing European presence.

Under the deal’s terms, Tech Data will swallow up a handful of U.K.-based Specialist Computer’s distribution and enterprise software businesses spanning France and the Netherlands, which together generated sales of roughly $1.75 billion for the last fiscal year.

The businesses to be passed off the in the deal are...
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