Parties
Company
TDL Canada
Company
Gentek Marketing Inc.
On July 1, 2022, TDL Canada, based in Trenton, Ontario, announced the acquisition of Gentek Marketing Inc., a Concord, Ontario-based distributor of unified communications and connectivity products. The transaction created a combined entity named TDL Gentek, led by Jeff McInnis, former CEO of Gentek, as President, reporting to Laurie Tugman, CEO of TDL.
This merger brought together over 80 years of experience from two family-founded Canadian companies, positioning TDL Gentek as a leading distribution powerhouse with the assets and capabilities to deliver nationwide support to customers, vendors, and partners. The transaction value was not disclosed.
Kroll Corporate Finance served as the exclusive financial advisor to Gentek, with WierFoulds LLP providing legal counsel. Stikeman Elliott LLP acted as legal counsel for TDL Canada.
Deal Type
Merger & AcquisitionIndustry
Tech/Computer/ITTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
01 July 2022