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In his first full year as CEO, IBM veteran Rich Hume held revenue steady while profits increased 10% from 2018. But those publicly reported figures may soon be a thing of the past, as private equity firm Apollo Global Management agreed to buy Tech Data in November for about $6 billion, outbidding Warren Buffett's Berkshire Hathaway in the process. Just before the sale’s announcement, Hume had pulled off a deal of his own, agreeing to acquire IT firm DLT Solutions to bolster Tech Data’s government and higher education business.
Courtesy of Tech Data
Lists ranking Tech Data
Global 500 - 2020This year's Global 500 generated $33.3 trillion in...READ MOREview in list
Fortune 500 - 2020This year's Fortune 500 marks the 66th running of ...READ MOREview in list
World’s Most Admired Companies - 2020For an astounding 13th straight year, Apple claims...READ MOREview in list
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