2 Acquisitions in 2 Years: Sager Buys Norvell

When several now-global distributors were busy gobbling up competitors in the 1990s, Sager Electronics maintained its laser-focus on its specialty products – IP&E—and its position in the Americas market. Although not historically acquisitive, Sager – with its announcement it would acquire Norvell Electronics Inc., headquartered in Carrollton, Texas, — has made its second acquisition in…

Sager Power Systems Launched

Sager Electronics, a leading North American distributor of Interconnect, Power and Electromechanical components, today announced the launch of Sager Power Systems, a specialized group within Sager Electronics focused solely on power.  In early 2014, Sager expanded its power supply product offering and field application team. Then, in June, Sager acquired PowerGate LLC, a premier North…

Sager Completes PowerGate Buy

Sager Electronics, a leading North American distributor of Interconnect, Electromechanical and Power components, today announced that it has completed the acquisition of PowerGate LLC, a premier North American power specialist distributor headquartered in Santa Clara, California. With the completion of this acquisition, Sager Electronics has added nineteen additional sales professionals assisting customers in the selection…

Distribution M&A Takes a Different Tack

The electronics distribution industry will never again see the kind of merger and acquisition activity that took place in the 1990s. During that period, trade journals’ rankings of the Top 100 Distributors became the Top 50 and then the Top 25. The driver, of course, was nationalization and then globalization. Distributors were filling in the…

Acquisitions Dominate the IP&E Market

In last month’s IP&E Market Insider newsletter, I noted that it was very likely that we would see more interconnect, passive, and electromechanical (IP&E) component manufacturers focused on high-performance product development to offset dwindling margins in their commodity businesses as well as more targeted acquisitions of niche companies that give them entry into higher end…

Sager Acquires PowerGate

Sager Electronics, a leading North American distributor of Interconnect, Electromechanical and Power components, today announced that it has entered into a purchase agreement to acquire PowerGate LLC, a premier North American power specialist distributor headquartered in Santa Clara, California. Frank Flynn, President of Sager Electronics, stated, “PowerGate is a recognized power specialist with concentration in…

Sager Honored by Ohmite

Sager Electronics, a leading North American distributor of IP&E electronic components, was recently recognized by Ohmite Manufacturing Company for its performance in the Northeast.  Sager’s Northeast service center was named one of three “Sales Excellence” branches in Ohmite’s authorized distribution network. “Sager sales team members Bob Birmingham and Joe Priante of the New England Service…

Keystone Recognizes Sager Electronics

Sager Electronics, www.sager.com, a leading North American distributor of IP&E electronic components, today announced they were the recipient of Keystone Electronics’ platinum level sales award.  Keystone Electronics announced the award at the 2014 Electronics Distribution Show (EDS) held May 5-8 in Las Vegas, Nevada. “We applaud the Sager Electronics team for achieving our sales benchmarks…