DOW Technologies announces the acquisition of PA-based Tech Source Distributors. The parties have finalized the deal as of Thursday, March 31st, and Tech Source’s Montgomeryville, PA office will be closed on Friday, April 1st to complete the process.
According to a company press release, DOW has acquired certain assets and will continue to operate out of the current Tech Source location.
“We are excited to welcome the Tech Source customers,” stated president & CEO John Yodzis in the release.
“We believe that our service, support, and dealer programs make it easier for integrators to do business, and our team is ready to show our new customers the DOW difference.
“We have a great growth opportunity in front of us and want to thank our key vendor partners for their support, as well as the whole Tech Source team for their dedication to the Mid-Atlantic market.”
“We appreciate DOW’s commitment to the custom integration channel and believe our customers are in good hands going forward,” stated Tech Source president & CEO Brett Neiderman.
“This acquisition, and the recognition from the recently announced CE Pro awards, demonstrates our team’s continued growth in, and commitment to, the industry,” added executive chairman Chip Yodzis.
“We pride ourselves on 60 plus years of dedication to our customers, which will continue with our Tech Source customers. “
Headquartered in Tampa, Fla., DOW Technologies is one of the largest independently owned and operated technology distributors servicing independent retailers, according to the company.