Welcome!

News Feed Item

KGP Logistics to Acquire Assets of TriNet Communications, Inc.

FARIBAULT, Minn., Oct. 8, 2012 /PRNewswire/ -- KGP Logistics, one of the country's largest single-source providers of equipment and integrated services to the communications industry, has entered into an agreement in principle to acquire TriNet Communications, Inc.  The transaction is subject to due diligence and expected to close in 2012.  Terms of the transaction were not released.   

TriNet Communications will be integrated with KGP Logistics' existing supply chain operations and leverage KGP's national distribution network to optimize all facets of the supply chain to provide customers products and services at the lowest total cost of ownership.

Based in Livermore, California for over 22 years, TriNet has been a leading nationwide distribution and logistics supplier serving the telecommunications and cable television markets.  

"We are thrilled to join forces with KGP Logistics," said Jon J. Fernandez, President and CEO of TriNet Communications. "Our combined business will serve an expanded market base, and enable us to continue, and even expand, the exceptional customer service and product offerings that distinguish both organizations. Customers will continue to receive superior products and excellent service."

"We are energized by what this acquisition means for our customers, supplier partners, and employees," said Kathleen G. Putrah, KGP Logistics Chairman and CEO.  "This acquisition provides us the opportunity to increase our scale, while further diversifying and extending our market coverage.   Consistent with the past 40 years, KGP remains relentlessly focused on our customers, and we look forward to continuing to leverage KGP's core supply chain, distribution, and value-added service offerings."

Livingstone Partners served as the exclusive financial advisor to KGP Logistics.  Felhaber, Larson, Fenlon & Vogt, P.A. served as legal counsel.

About KGP Logistics

KGP Logistics is one of the country's largest single-source, value-added suppliers of supply chain services, equipment and integrated solutions to the communications industry. KGP's distribution network is comprised of six distribution centers across the United States and complemented with our affiliate, BlueStream Professional Services, LLC, integration facilities.  BlueStream provides complete integration and installation services nationwide consisting of assemble, wire and test; engineer, furnish, and install; as well as product kitting, and CPE services.   With a diverse and valued customer base, a national logistics network, and a portfolio of manufacturer partnerships that is second to none, the company is positioned to provide unique products and services to the communications market.  KGP, recognized for leadership in supply chain management and value-added solutions, is committed to providing their customers products and services at the lowest total cost of ownership.

For more information, visit www.kgplogistics.com.

About TriNet

TriNet Communications is an award winning distribution and integrated logistics company for the communications cable television and related industries and has strong relationships with the top manufacturers in the telecommunications and cable TV space.  It maintains a large and diverse product portfolio designed to provide customers a simple, one-stop resource for all of their project needs. TriNet's partnerships and business associations bring leading edge products from manufacturers of the highest quality and reliability in the industry to its customers.  More information about the company may be found at www.trinetcom.net.

Media Contact:
Chanel Cottengim 
913-393-6489 
[email protected]

SOURCE KGP Logistics

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
In recent years, containers have taken the world by storm. Companies of all sizes and industries have realized the massive benefits of containers, such as unprecedented mobility, higher hardware utilization, and increased flexibility and agility; however, many containers today are non-persistent. Containers without persistence miss out on many benefits, and in many cases simply pass the responsibility of persistence onto other infrastructure, adding additional complexity.
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
Pentaho has announced orchestration capabilities that streamline the entire machine learning workflow and enable teams of data scientists, engineers and analysts to train, tune, test and deploy predictive models. Pentaho’s Data Integration and analytics platform ends the ‘gridlock’ associated with machine learning by enabling smooth team collaboration, maximizing limited data science resources and putting predictive models to work on big data faster – regardless of use case, industry, or languag...
SYS-CON Events announced today that T-Mobile will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on ...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...
SYS-CON Events announced today that Addteq will exhibit at SYS-CON's DevOps Summit at Cloud Expo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Addteq specializes in creating innovative solutions to solve business processes through the use of DevOps automation. Addteq was founded on the firm belief that automation is essential for successful software releases. Addteq's products and services are centered around the fundamental approach of understanding the pr...
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
VeriStor Systems has announced that CRN has named VeriStor to its 2017 Managed Service Provider (MSP) 500 list in the Elite 150 category. This annual list recognizes North American solution providers with cutting-edge approaches to delivering managed services. Their offerings help companies navigate the complex and ever-changing landscape of IT, improve operational efficiencies, and maximize their return on IT investments. In today’s fast-paced business environments, MSPs play an important role...
Peak 10 has announced that it has completed a 20,000 square foot expansion of its Cincinnati-area data center, a 6,000 square foot expansion of its data center campus in Charlotte’s University Research Park, and added a pair of seasoned executives to its leadership team. This further propels the company on its aggressive growth trajectory to meet the rising demand for flexible hybrid IT strategies and solutions across its enterprise customer base. Cincinnati is home to companies like Kroger, Pr...
SYS-CON Events announced today that Infranics will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Since 2000, Infranics has developed SysMaster Suite, which is required for the stable and efficient management of ICT infrastructure. The ICT management solution developed and provided by Infranics continues to add intelligence to the ICT infrastructure through the IMC (Infra Management Cycle) based on mathemat...
Virtualization over the past years has become a key strategy for IT to acquire multi-tenancy, increase utilization, develop elasticity and improve security. And virtual machines (VMs) are quickly becoming a main vehicle for developing and deploying applications. The introduction of containers seems to be bringing another and perhaps overlapped solution for achieving the same above-mentioned benefits. Are a container and a virtual machine fundamentally the same or different? And how? Is one techn...