ScanSource Promotes Sorrentino to President for North America Hardware Business
Sorrentino previously served as president, North America Sales, responsible for the sales strategy of the North American Specialty business.
Sorrentino previously served as president, North America Sales, responsible for the sales strategy of the North American Specialty business.
The Shoreview acquisition is said to further enhance the growing professional A/V product category within ADI Global Distribution.
Under a new relationship, Azione members will benefit from being able to source products at PowerHouse Alliance member locations nationwide.
HCA locations in Denver and Salt Lake City will be stocked with all SnapAV brands and products to provide same day access for local partners.
The combined firm will be 55% owned by Synnex shareholders and 45% owned by Apollo Global, which bought Tech Data for $5.4 billion in 2020.
All of WAVE’s current U.S. locations were included as part of the transaction and are continuing to operate in the normal course.
Following the similar sale of its Canadian utility business, the move was required to meet agreements as part of Wesco’s Anixter acquisition.
Net sales for the fourth quarter increased 97%, which the wholesale distributor attributes in large part to acquiring rival Anixter in 2020.
Each year, ADI recognizes key suppliers across North America for their support and contributions toward the growth and success of the company.
The deal partially fulfills Wesco’s pledge to divest its Canadian utility and datacom businesses in connection to its merger with Anixter.
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