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Selling a reseller of storage and network equipment to a financial buyer

 

Cleary Gull Inc. advises World Data Products, Inc. in its sale to Prospect Partners, LLC and Management

Milwaukee, Wisconsin, August 6, 2010 – Cleary Gull Inc. (“Cleary Gull”) is pleased to announce the sale of World Data Products, Inc. to Prospect Partners, LLC and management from a group of shareholders led by private equity firm Svoboda Capital Partners, LLC of Chicago, IL, and Bank of America’s Global Principal Investments Group. Cleary Gull acted as exclusive financial advisor to World Data.

Located in Minnetonka, Minnesota, World Data (www.wdpi.com) is a leading independent provider of refurbished server, storage, and networking equipment solutions and services for leading IT platforms. As a leader in the highly fragmented market for refurbished IT hardware, World Data stands out as one of the largest independent resellers with a reputation for quality products, reliable service, and competitive prices.


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