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HIG Growth Partners invests in CDI Computer Dealers

Wed, 29/01/2014 - 06:44

HIG Growth Partners has partnered with CDI Computer Dealers’ owners and management team to make an investment in the company.

Founded in 1981, CDI is a provider of refurbished technology to the North American education market.
 
The financial terms of the investment were not disclosed.
 
“HIG’s investment in CDI provides additional resources, capital and strategic guidance that will enable us to expand our product and service offering to even better serve our core education customer base,” says Saar Pikar, CEO of CDI.
 
Steve Loose, a managing director of HIG, says: “Through a combination of both organic growth and strategic acquisitions, we believe there is a significant opportunity to expand CDI’s product offering. We look forward to working with Saar, Erez and their team to help build upon the strong platform company that they have established.”


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