Intechra, based in Jackson, Miss., bills itself as the largest independent IT asset disposition company, providing services such as data security and destruction and recycling. With sales of about $75 million in the most recent fiscal year, Intechra has about 300 employees. A purchase price was not disclosed.
The deal, which is subject to regulatory approval, is expected to close by the end of the year.
The transaction is expected to add $.03 to $.05 per share in the first full year of operations.
Arrow chief executive Michael J. Long, above left, said, “Intechra serves as a continuation of our strategy to provide comprehensive services across the entire product life cycle for our suppliers and customers.”
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