Quality electronics lifecycle company positioned to become a
leading U.S. logistics and technology services company serving
technology providers globally
SAN
DIEGO, Aug. 13, 2024 /PRNewswire/ -- Tide Rock,
an unlevered buyout firm with a portfolio of diverse economically
resilient B2B businesses, acquired Premier LogiTech, a Dallas-based global company delivering a
complete, quality technology logistics and services platform that
supports the full electronics supply chain circular economy.
Premier LogiTech delivers full sourcing, warehousing, asset
management, configuration services, fulfillment services, delivery,
reverse services, product repair and reclamation. As part of this
investment, Premier has also acquired the global license for
Motorola networking products. This will not only leverage Premier's
electronics lifecycle capabilities but expand its global
distribution and support footprint.
The company operates three secure, multi-certified facilities in
the Dallas-Fort Worth metroplex.
Premier LogiTech is the Authorized Service Center and lead supply
chain partner for over 30 major OEMs and brands, integrating into
their operations and maintaining OEM level certifications.
Customers include U.S. federal, state and local government,
healthcare institutions, and diverse multinational commercial
businesses.
"With its robust distribution network and expanding customer
base, Premier LogiTech represents a critical addition to the Tide
Rock portfolio," said Brooks Kincaid, President of Tide Rock.
"Their comprehensive suite of services and deep integration with
industry leaders align well with our vision of investing in
platforms that deliver exceptional value and quality to its
customers. We are excited to support Premier LogiTech in its next
phase of growth."
"Our reputation for standard-setting quality is founded on our
ensuring consistency across every part of the electronics
lifecycle," said Scott Paul, CEO of
Premier LogiTech. "We are winning important contracts in the
telecommunications and technology industries right now because
Premier Logitech is the solution to a fragmented and variable
sourcing process that can deliver inconsistent results and quality
to end users."
Premier launched in 2007 in response to a void in the technology
industry where most providers did not offer completely customized
end-to-end technology supply chain solutions. That model was
costing customers as they sourced multiple providers with varying
processes and inconsistent levels of quality.
Today Premier Logitech operates on a state-of-the-art execution
system, a warehouse management system to manage orders and
inventory, an ultra-modern manufacturing execution system, and a
proprietary enterprise platform to interconnect production, back
office and client systems seamlessly. Business data is integrated
for rich data analysis and reporting with real-time visibility of
order and process status and inventory. Advanced automation
increases speed of communication while reducing errors and
interventions.
About Tide Rock
Tide Rock is an unlevered buyout firm that acquires
companies with strong free cash flow and grows them to scale while
distributing high quarterly yield to its investors. It owns a
portfolio of economically resilient business-to-business companies
in the lower middle market, specifically in the manufacturing,
distribution, and services industries. The company's unique model
consistently drives high yield returns without the risk profile
typically associated with other investment vehicles. It has offices
in Solana Beach, CA and New
York, NY. Learn more at
tiderock.com.
About Premier LogiTech
Premier LogiTech ("Premier") is an award-winning Dallas-based provider of integrated technology
solutions. The company specializes in supporting full lifecycle of
consumer electronics from 3PL and value-added forward configuration
service to complete value-recovery through repair &
refurbishment services including forward and reverse transportation
management services. For 17 years, it has built a reputation for
creating custom solutions that fit within customers' operations and
budget, while delivering customers' products simply and
effectively.
Premier's growing brand enablement capabilities ensure that
products reach the market effectively and are managed sustainably
through the circular economy. It manages millions of technology and
consumer products for top-tier brands across a range of industries,
providing custom solutions while effectively and efficiently
integrating with nearly any organization's global supply chain.
For more information, visit https://www.premierss.com/
Media Contact: Jessica
McNellis (jessica@galestrategies.com)
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SOURCE Tide Rock LLC