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
The Internet of Things is clearly many things: data collection and analytics, wearables, Smart Grids and Smart Cities, the Industrial Internet, and more. Cool platforms like Arduino, Raspberry Pi, Intel's Galileo and Edison, and a diverse world of sensors are making the IoT a great toy box for developers in all these areas. In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists discussed what things are the most important, which will have the most profound e...
In his keynote at 19th Cloud Expo, Sheng Liang, co-founder and CEO of Rancher Labs, discussed the technological advances and new business opportunities created by the rapid adoption of containers. With the success of Amazon Web Services (AWS) and various open source technologies used to build private clouds, cloud computing has become an essential component of IT strategy. However, users continue to face challenges in implementing clouds, as older technologies evolve and newer ones like Docker c...
SYS-CON Events announced today that Twistlock, the leading provider of cloud container security solutions, 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. Twistlock is the industry's first enterprise security suite for container security. Twistlock's technology addresses risks on the host and within the application of the container, enabling enterprises to consistently enforce security policies, monitor...
Automation is enabling enterprises to design, deploy, and manage more complex, hybrid cloud environments. Yet the people who manage these environments must be trained in and understanding these environments better than ever before. A new era of analytics and cognitive computing is adding intelligence, but also more complexity, to these cloud environments. How smart is your cloud? How smart should it be? In this power panel at 20th Cloud Expo, moderated by Conference Chair Roger Strukhoff, pane...
The goal of Continuous Testing is to shift testing left to find defects earlier and release software faster. This can be achieved by integrating a set of open source functional and performance testing tools in the early stages of your software delivery lifecycle. There is one process that binds all application delivery stages together into one well-orchestrated machine: Continuous Testing. Continuous Testing is the conveyor belt between the Software Factory and production stages. Artifacts are ...
Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across supply chain networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost and time for product recall as well as advance trade. Are you curious about Blockchain and how it can provide you with new opportunities for innovation and growth? In her session at 20th Cloud Exp...
@ThingsExpo has been named the Most Influential ‘Smart Cities - IIoT' Account and @BigDataExpo has been named fourteenth by Right Relevance (RR), which provides curated information and intelligence on approximately 50,000 topics. In addition, Right Relevance provides an Insights offering that combines the above Topics and Influencers information with real time conversations to provide actionable intelligence with visualizations to enable decision making. The Insights service is applicable to eve...
SYS-CON Events announced today that Grape Up will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct. 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company specializing in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market across the U.S. and Europe, Grape Up works with a variety of customers from emergi...
SYS-CON Events announced today that Hitachi, the leading provider the Internet of Things and Digital Transformation, 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. Hitachi Data Systems, a wholly owned subsidiary of Hitachi, Ltd., offers an integrated portfolio of services and solutions that enable digital transformation through enhanced data management, governance, mobility and analytics. We help globa...
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...
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, New York, and 21st International Cloud Expo, which will take place in November in Silicon Valley, California.
Developers want to create better apps faster. Static clouds are giving way to scalable systems, with dynamic resource allocation and application monitoring. You won't hear that chant from users on any picket line, but helping developers to create better apps faster is the mission of Lee Atchison, principal cloud architect and advocate at New Relic Inc., based in San Francisco. His singular job is to understand and drive the industry in the areas of cloud architecture, microservices, scalability ...
Back in February of 2017, Andrew Clay Schafer of Pivotal tweeted the following: “seriously tho, the whole software industry is stuck on deployment when we desperately need architecture and telemetry.” Intrigue in a 140 characters. For me, I hear Andrew saying, “we’re jumping to step 5 before we’ve successfully completed steps 1-4.”
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain.
@DevOpsSummit has been named the ‘Top DevOps Influencer' by iTrend. iTred processes millions of conversations, tweets, interactions, news articles, press releases, blog posts - and extract meaning form them and analyzes mobile and desktop software platforms used to communicate, various metadata (such as geo location), and automation tools. In overall placement, @DevOpsSummit ranked as the number one ‘DevOps Influencer' followed by @CloudExpo at third, and @MicroservicesE at 24th.