TDL Canada acquires Gentek Marketing to form Canadian distribution powerhouse

Company

TDL Canada

Law Firm / Organization
Stikeman Elliott LLP

Company

Gentek Marketing Inc.

Law Firm / Organization
WeirFoulds LLP

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.

Merger & Acquisition
Tech/Computer/IT
Undisclosed/Confidential
Closed
01 July 2022