Synnex’s $800 Million Acquisition of Westcon-Comstor’s American

Pillsbury advised Synnex Corp. on the deal

SYNNEX Corporation provides business process services to resellers, system integrators, retailers, and original equipment manufacturers in North and South America, the Asia-Pacific, Europe, and internationally.

Under the terms of the deal, Synnex will pay $130 million in cash and $500 million in stock for Westcon-Comstor, with an additional $200 million cash payment to be made if certain financial targets are achieved by the end of February 2018. Synnex will also take a minority interest in Westcon-Comstor operations outside of the U.S., buying 10 percent of those operations for $30 million with an option to double that within 12 months, reports Reuters.

The deal will add video meeting equipment, data security and wireless routers to Synnex’s portfolio, according to Reuters, and the company will also gain one of the world’s largest resellers of Cisco Systems products.

Silicon Valley Corporate partners Christina Pearson (Picture) and Allison Leopold Tilley led the team representing Synnex in the transaction. The team also included Washington, DC International Trade partner Nancy Fischer, Silicon Valley Intellectual Property partner David Jakopin, Los Angeles Executive Compensation & Benefits partner Mark Jones, San Francisco Real Estate partner Glenn Snyder, Silicon Valley Tax partner Brian Wainwright,  Washington, DC Litigation senior counsel Chuca Meyer, Silicon Valley Corporate associate Julie Park, San Diego Litigation attorney Kate Nyce and Silicon Valley Intellectual Property attorney Paul Thomas.

 

 

Involved fees earner: Christina Pearson – Pillsbury Winthrop Shaw Pittman LLP; Allison Leopold Tilley – Pillsbury Winthrop Shaw Pittman LLP; Julie Park – Pillsbury Winthrop Shaw Pittman LLP; Nancy Fischer – Pillsbury Winthrop Shaw Pittman LLP; David Jakopin – Pillsbury Winthrop Shaw Pittman LLP; Paul Thomas – Pillsbury Winthrop Shaw Pittman LLP; Mark Jones – Pillsbury Winthrop Shaw Pittman LLP; Glenn Snyder – Pillsbury Winthrop Shaw Pittman LLP; Brian Wainwright – Pillsbury Winthrop Shaw Pittman LLP; Catherine Meyer – Pillsbury Winthrop Shaw Pittman LLP; Kathryn Nyce – Pillsbury Winthrop Shaw Pittman LLP;

Law Firms: Pillsbury Winthrop Shaw Pittman LLP;

Clients: Synnex Corp.;

 

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Author: Ambrogio Visconti