Tech Data

RANK341

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 are a thing of the past after 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. (It completed the sale in June.) 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.