November 17, 2017

Advertise with us
HOME NEWS Distributor › Exclusive Group acquires Fine Tec

Exclusive Group acquires Fine Tec

by Stuart Wilson, Friday 7 July 2017

Olivier Breittmayer, CEO of Exclusive Group
Olivier Breittmayer, CEO of Exclusive Group

VAD outfit Exclusive Group has acquired US-based cybersecurity VAD Fine Tec. The move places Exclusive Group at the heart of the world’s largest cybersecurity market, complementing its existing global presence throughout the EMEA and APAC regions. “This will be a major step forward for our global proposition as we harness US-based skills, resources and relationships to support the execution of worldwide deals with large systems integrator partners and to advance our unique formula into the domestic market,” said Olivier Breittmayer, CEO of Exclusive Group.

“Fine Tec is as an operationally excellent business with a strong services capability and successful reputation for delivering value in a highly competitive environment. It represents a great opportunity to integrate a culturally-aligned business into our global family, and we look forward to working with Fine Tec CEO James Shen and his team to build on their success and accelerate growth throughout the region,” Breittmayer added.

James Shen, Fine Tec president & CEO, said: “This is great news for everyone connected with Fine Tec family as it validates the approach we’ve taken to value-added distribution in the US for nearly 20 years. The Exclusive Group story is well known and we’ve admired it from afar, but now with the Group’s global reach and resources it opens up many new opportunities for our partners. It really is an exciting time as there is true opportunity to extend the disruptive distribution model to the US, whilst the ambition for us to grow internationally is finally realised.”

Fine Tec sales are approximately US$230m per annum and the VAD is active in network security, data integrity and storage solutions, with significant services and training capabilities. The move follows Exclusive Group’s recent appointment of Patrick Huth as VP alliances Americas, who will be instrumental in enabling new partner and vendor opportunities alongside Fine Tec’s existing leadership team.

The successful integration of the Fine Tec business is set to increase Exclusive Group’s forecast revenues for the full year 2017 to US$2bn.

Print this page  Recommend this article  Reply to this article    Del.icio.us   Digg   Technorati

November, 2017
MonTueWedThuFriSatSun
  12345
6789101112
13141516171819
20212223242526
27282930   


Advertise with us

Login


Register here

Press Releases

Upload your PR here

Advertise with us