Synnex has pocketed Westcon-Comstor's North and Latin American businesses in a deal that also sees the California-based distributor acquire a 10% stake in its international operations.
"Our customers gain access to complementary technology solutions and business services that open up new opportunities to accelerate growth," said Dolph Westerbos, CEO of Westcon-Comstor.
"This transaction not only brings together two complementary businesses, but also two similar cultures around employee and customer success."
Both entities expect to benefit from Westcon-Comstor's recent completion of its global business transformation - a SAP implementation and business process outsourcing across five continents, intended to deliver consistent and improved customer services while generating efficiencies.
The transaction is expected to close in the third calendar quarter of 2017. Until the transaction is completed, the companies will continue to operate independently.