Talley, Inc., the wireless equipment distributor headquartered in Santa Fe Springs, CA, has agreed to be acquired by Rexel USA, the North American subsidiary of international electrical equipment distributor, Rexel, based in Paris, France. Privately held, Talley is an independent value-added distributor of wireless infrastructure and mobile communications products.
With a staff of over 300 and 11 distribution centers nationwide, the company supplies passive and active components from hundreds of manufacturers and vendors to wireless infrastructure segments including public safety agencies, wireless internet service providers, mobile network operators and communications infrastructure contractors.
Intrepid Investment Bankers served as the exclusive financial advisor to Talley Inc. Terms of the deal were not disclosed. The transaction is expected to close in June.
Rexel’s strategic acquisition of Talley marks its entry into the North American telecom market. Rexel USA intends to operate Talley as a distinct entity, leveraging its recognized brand and expertise to develop a U.S. data communications business unit. The companies say that Talley’s nationwide footprint will create synergistic cross-selling opportunities for the strategic partners.
“For over four decades, our mission has been to provide the best service in the industry,” said Mark Talley, CEO of Talley. “Through our three core deliverables, ease of ordering, product availability, and service excellence, we have built a trusted reputation with our customers and suppliers, helping them build the connected world we live in today.”
The partnership with Rexel provides additional resources, expertise, and capabilities to further enhance Talley’s growth, according to the companies.
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