Exclusive Group announced the acquisition of Canadian cybersecurity VAD, Fine Tec Canada, to boost its existing US presence and expand global coverage to the whole of North America.
The deal coincides with the appointment of Exclusive Group veteran Laurent Daudré-Vignier as SVP North America to oversee and grow operations across the region. Together this enables vendor, GSI and reseller partners with a complete solution for North American value-added distribution services, and boosts the company’s aggressive global growth trajectory.
Exclusive Group CEO Olivier Breittmayer said his outfit’s North American adventure had been doing rather well.
“Our intention has always been to build on our US presence with the addition of a leading specialist VAD in the Canadian market. We are focused on growing our regional presence and will benefit from Laurent’s outstanding leadership experience in this area. Fine Tec Canada has a strong local reputation for cybersecurity value-added distribution, with a committed and like-minded group of individuals who will be right at home among our team.”
Fine Tec Canada operates throughout the country’s vast interior working closely with over 100 reseller partners. Its main vendor partners include Fortinet – a core strategic partner for Exclusive Group. As part of the acquisition, key management including current CEO Jeff Wu – who becomes Country Manager for Exclusive Networks Canada, reporting to Laurent Daudré-Vignier – will remain in their roles to ensure continuity and execute on an accelerated growth plan for the business.
The acquisition of Fine Tec Canada comes 18 months after Exclusive Group’s acquisition of its US-based VAD namesake, Fine Tec – a separately owned and staffed organisation, but with similar business models, operating principles and vendor portfolios.
