Tech sector MAs heat up

摘要

Consolidation in the industrial distribution sector has been moving at a rapid pace recently, with regional distributors such as NESCO joining huge players like Wolseley and HD Supply on the acquisition trail. The trend is not limited to pure distribution entities—even the software providers that serve them have been getting in on the act. Witness Activant Solutions Inc.'s $100 million purchase in July of competitor Intuit Eclipse's Distribution Management Solutions business.