Salt Creek Capital Acquires Network Distributors
Aug. 03, 2017
Menlo Park, California – August 3, 2017 – Salt Creek Capital is pleased to announce the acquisition of Network Distributors (ND), a leading supplier and value-added distributor of critical communications networking components. Founded in 2001, the company sources, configures and sells new, third-party optical transceivers for use in internet switches, routers, and networking systems. ND also sells memory and fiber optics parts as after-market replacements and upgrades for over 20 brands and 80 different platforms of networking equipment.
Rick Pearson, incoming CEO, stated, “I am excited to partner with Salt Creek Capital on this acquisition. They have a great track record of working closely with new management teams and financial partners to structure deals for long-term success. Network Distributors offers a strong value proposition in providing overnight delivery of leading-edge optical transceiver networking components that are tested and ensured to work out of the box. I look forward to working with the ND team to continue providing great service and value to our loyal customers.”
Jason Colyar, founder of Network Distributors, will maintain an ownership position in the company and will continue to serve on ND’s board of directors. Mr. Colyar stated, “I am proud of the ND team and all that we have accomplished. Rick is a talented executive, and I am confident that ND will continue to thrive under his leadership. Knowing that Rick and Salt Creek would continue to be focused on serving our customers and providing for our employees was crucial to my decision to sell the company.”
“We are thrilled to partner with Jason and the team at Network Distributors on this acquisition,” stated Daniel Price, Vice President of Salt Creek Capital. “We are eager to continue working with Rick, who first joined Salt Creek as an Executive Partner back in 2016, to position the company for future growth. Rick brings unique talent and experience to the organization that we believe will help propel the business to the next level.”
About Network Distributors
Founded in 2001, Network Distributors is a leading value-added distributor of critical communications networking components. The company stocks a variety of optical transceivers, which are components of networking systems such as switches and routers, manufactured by companies such as Cisco, Juniper, Brocade, 3Com and HP. Network Distributors ensures that each component is configured specifically for an end-user’s network system. ND also sells memory and fiber optics parts as after-market replacements and upgrades for over 20 brands and 80 different platforms of networking equipment. More information is available at www.networkdistributors.com.
About Salt Creek Capital
Salt Creek Capital is a San Francisco Bay Area-based private equity firm partnering with experienced operating executives to acquire profitable companies with up to $100 million in revenue. Salt Creek takes a long-term approach to investing in lower middle market businesses and seeks to create value by working closely with management teams to accelerate growth and to improve the operating efficiency of its portfolio companies. More information is available at www.saltcreekcap.com.