International distributor Exclusive Group has acquired Silicon Valley-headquartered cybersecurity distributor Fine Tec.
The move allows Exclusive Group to expand its presence in the Americas, complementing its existing global presence throughout the EMEA and APAC regions.
“This will be a major step forward for our global proposition as we harness U.S.-based skills, resources and relationships to support the execution of worldwide deals with large systems integrator partners and to advance our unique formula into the domestic market,” said Olivier Breittmayer, CEO of Exclusive Group. “Fine Tec is as an operationally excellent business with a strong services capability and successful reputation for delivering value in a highly competitive environment. It represents a great opportunity to integrate a culturally-aligned business into our global family, and we look forward to working with Fine Tec CEO James Shen and his team to build on their success and accelerate growth throughout the region.”
“This is great news for everyone connected with Fine Tec family as it validates the approach we’ve taken to value-added distribution in the US for nearly 20 years,” said James Shen, Fine Tec president and CEO. “The Exclusive Group story is well known and we’ve admired it from afar, but now with the Group’s global reach and resources it opens up many new opportunities for our partners. It really is an exciting time as there is true opportunity to extend the disruptive distribution model to the US, whilst the ambition for us to grow internationally is finally realized.”
Fine Tec is a value-added distributor in network security, data integrity and storage solutions, with significant services and training capabilities. The move follows Exclusive Group’s recent appointment of Patrick Huth as vice president of alliances fpr the Americas, who is tasked with enabling new partner and vendor opportunities alongside Fine Tec’s existing leadership team.
