The Channel logo

News

By | Team Register 12th October 2007 22:03

CDW's flight into private equity is complete

Adios, NASDAQ!

CDW, America's biggest computer dealer, left NASDAQ today, on completion of its takeover by a couple of private equity firms. They are called Madison Dearborn Partners and Providence Equity Partners, in case you're interested.

Now for a canned quote from Glenn Creamer, senior managing firector of Providence Equity. "Since its founding in 1984, CDW has utilized its unique, direct model strategy to become a significant, principal source of technology products and services. We look forward to...support[ing] CDW’s growth as a private company and the expansion of its leadership as a critical provider of technology solutions for business, government and education."

CDW has about 6,000 staff and annual sales of about $7bn. ®

comment icon Read 1 comment on this article alert Send corrections

Opinion

Baby looks taken aback/shocked/affronted. Photo by Shutterstock

Kat Hall

Plans for 2 million FTTP connections in next four years 'not enough'
Microsoft CEO Satya Nadella
Stranded_ships

Chris Mellor

Thousands of layoffs announced as spinning rust enters its death spiral

Features

STRASBOURG, JUNE 29, 2016: The seat of the European Parliament. by Marco Aprile for shutterstock. EDITORIAL USE ONLY
Plan b, image via Shutterstock
EU workers, new markets: post-Brexit pressure on May & Co
Tough question, pic via Shutterstock
Honest mistake with your licensing? Audit police look at it on a 'case by case basis'