--- schema_version: "secwatch.filing_event.v1" accession: "0001193125-21-264521" form_type: "8-K" ticker: "SNX" cik: "0001177394" company_name: "TD SYNNEX CORP" filed_at: "2021-09-02T23:59:59+00:00" generated_at: "2026-06-29T06:01:44.778949+00:00" event_type: "m_and_a" sentiment: "positive" materiality_score: 1.0 calibrated_materiality_score: 1.0 confidence: "high" source: SEC EDGAR --- # SYNNEX completes $1.61B cash + 44M stock acquisition of Tech Data, creates TD SYNNEX ## Summary - Merger closed Sept 1; consideration $1.61B in cash plus 44M SYNNEX shares; legacy holders own ~54% of combined firm. - Combined entity renamed TD SYNNEX; Rich Hume appointed CEO, Dennis Polk becomes Executive Chair of the Board. - Board expanded to 11 directors; 4 Apollo nominees appointed per Investor Rights Agreement with Tiger Holdings. - Refinanced with $2.5B senior notes, $1.5B term loan, and $3.5B revolver; will redeem ~$66M in 2022 and ~$131M in 2027 Tech Data notes. - Terminated existing SYNNEX credit facilities, repaying $1B and $500M term loans in full. ## SEC filing metadata - accession: 0001193125-21-264521 - form_type: 8-K - ticker: SNX - cik: 0001177394 - company_name: TD SYNNEX CORP - filed_at: 2021-09-02T23:59:59+00:00 - event_type: m_and_a - sentiment: positive - materiality_score: 1.0 - calibrated_materiality_score: 1.0 - confidence: high - sec_items: 1.01, 1.02, 2.01, 3.02, 5.02, 5.03, 7.01, 8.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1177394/000119312521264521/0001193125-21-264521-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1177394/000119312521264521/d213822d8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001193125-21-264521 - JSON: https://secwatch.observer/filing/0001193125-21-264521.json - Plain text: https://secwatch.observer/filing/0001193125-21-264521.txt ## Key facts - Executive change Thomas Wurster resigned as Director at TD SYNNEX CORP. - Action: resigned - Role: Director source text: Additionally, on September 1, 2021, Laurie Simon Hodrick, Kevin Murai, Dwight Steffensen, Thomas Wurster, and Andrea Zulberti resigned from the Board, and Matthew Nord, Robert Kaslow-Ramos, Nayaki Nayyar, and Merline Saintil were appointed thereto upon the nomination of Tiger Holdings pursuant to the terms of the Investor Rights Agreement, a summary of such terms of which are included in Item 1.01 and are incorporated herein by reference. evidence_url: https://www.sec.gov/Archives/edgar/data/1177394/000119312521264521/0001193125-21-264521-index.htm - Executive change Nayaki Nayyar was appointed as Director at TD SYNNEX CORP. - Action: appointed - Role: Director source text: Additionally, on September 1, 2021, Laurie Simon Hodrick, Kevin Murai, Dwight Steffensen, Thomas Wurster, and Andrea Zulberti resigned from the Board, and Matthew Nord, Robert Kaslow-Ramos, Nayaki Nayyar, and Merline Saintil were appointed thereto upon the nomination of Tiger Holdings pursuant to the terms of the Investor Rights Agreement, a summary of such terms of which are included in Item 1.01 and are incorporated herein by reference. evidence_url: https://www.sec.gov/Archives/edgar/data/1177394/000119312521264521/0001193125-21-264521-index.htm - Executive change Robert Kaslow-Ramos was appointed as Director at TD SYNNEX CORP. - Action: appointed - Role: Director source text: Additionally, on September 1, 2021, Laurie Simon Hodrick, Kevin Murai, Dwight Steffensen, Thomas Wurster, and Andrea Zulberti resigned from the Board, and Matthew Nord, Robert Kaslow-Ramos, Nayaki Nayyar, and Merline Saintil were appointed thereto upon the nomination of Tiger Holdings pursuant to the terms of the Investor Rights Agreement, a summary of such terms of which are included in Item 1.01 and are incorporated herein by reference. evidence_url: https://www.sec.gov/Archives/edgar/data/1177394/000119312521264521/0001193125-21-264521-index.htm - Executive change Dwight Steffensen resigned as Director at TD SYNNEX CORP. - Action: resigned - Role: Director source text: Additionally, on September 1, 2021, Laurie Simon Hodrick, Kevin Murai, Dwight Steffensen, Thomas Wurster, and Andrea Zulberti resigned from the Board, and Matthew Nord, Robert Kaslow-Ramos, Nayaki Nayyar, and Merline Saintil were appointed thereto upon the nomination of Tiger Holdings pursuant to the terms of the Investor Rights Agreement, a summary of such terms of which are included in Item 1.01 and are incorporated herein by reference. evidence_url: https://www.sec.gov/Archives/edgar/data/1177394/000119312521264521/0001193125-21-264521-index.htm - Executive change Matthew Nord was appointed as Director at TD SYNNEX CORP. - Action: appointed - Role: Director source text: Additionally, on September 1, 2021, Laurie Simon Hodrick, Kevin Murai, Dwight Steffensen, Thomas Wurster, and Andrea Zulberti resigned from the Board, and Matthew Nord, Robert Kaslow-Ramos, Nayaki Nayyar, and Merline Saintil were appointed thereto upon the nomination of Tiger Holdings pursuant to the terms of the Investor Rights Agreement, a summary of such terms of which are included in Item 1.01 and are incorporated herein by reference. evidence_url: https://www.sec.gov/Archives/edgar/data/1177394/000119312521264521/0001193125-21-264521-index.htm - Executive change Merline Saintil was appointed as Director at TD SYNNEX CORP. - Action: appointed - Role: Director source text: Additionally, on September 1, 2021, Laurie Simon Hodrick, Kevin Murai, Dwight Steffensen, Thomas Wurster, and Andrea Zulberti resigned from the Board, and Matthew Nord, Robert Kaslow-Ramos, Nayaki Nayyar, and Merline Saintil were appointed thereto upon the nomination of Tiger Holdings pursuant to the terms of the Investor Rights Agreement, a summary of such terms of which are included in Item 1.01 and are incorporated herein by reference. evidence_url: https://www.sec.gov/Archives/edgar/data/1177394/000119312521264521/0001193125-21-264521-index.htm - Executive change Kevin Murai resigned as Director at TD SYNNEX CORP. - Action: resigned - Role: Director source text: Additionally, on September 1, 2021, Laurie Simon Hodrick, Kevin Murai, Dwight Steffensen, Thomas Wurster, and Andrea Zulberti resigned from the Board, and Matthew Nord, Robert Kaslow-Ramos, Nayaki Nayyar, and Merline Saintil were appointed thereto upon the nomination of Tiger Holdings pursuant to the terms of the Investor Rights Agreement, a summary of such terms of which are included in Item 1.01 and are incorporated herein by reference. evidence_url: https://www.sec.gov/Archives/edgar/data/1177394/000119312521264521/0001193125-21-264521-index.htm - Executive change Laurie Simon Hodrick resigned as Director at TD SYNNEX CORP. - Action: resigned - Role: Director source text: Additionally, on September 1, 2021, Laurie Simon Hodrick, Kevin Murai, Dwight Steffensen, Thomas Wurster, and Andrea Zulberti resigned from the Board, and Matthew Nord, Robert Kaslow-Ramos, Nayaki Nayyar, and Merline Saintil were appointed thereto upon the nomination of Tiger Holdings pursuant to the terms of the Investor Rights Agreement, a summary of such terms of which are included in Item 1.01 and are incorporated herein by reference. evidence_url: https://www.sec.gov/Archives/edgar/data/1177394/000119312521264521/0001193125-21-264521-index.htm - Executive change Richard T. Hume was appointed as Chief Executive Officer at TD SYNNEX CORP. - Action: appointed - Role: Chief Executive Officer source text: Effective as of the closing of the Mergers, and expressly conditioned thereupon, on September 1, 2021, Mr. Richard T. Hume was appointed as the Chief Executive Officer of SYNNEX and a member of the Board. evidence_url: https://www.sec.gov/Archives/edgar/data/1177394/000119312521264521/0001193125-21-264521-index.htm - Executive change Dennis Polk was appointed as Executive Chair of the Board at TD SYNNEX CORP. - Action: resigned as Chief Executive Officer and appointed as the Executive Chair - Role: Executive Chair of the Board source text: Effective as of the closing of the Mergers, and expressly conditioned thereupon, on September 1, 2021, Mr. Dennis Polk resigned as Chief Executive Officer of SYNNEX and was appointed as the Executive Chair of the Board. evidence_url: https://www.sec.gov/Archives/edgar/data/1177394/000119312521264521/0001193125-21-264521-index.htm - Executive change Andrea Zulberti resigned as Director at TD SYNNEX CORP. - Action: resigned - Role: Director source text: Additionally, on September 1, 2021, Laurie Simon Hodrick, Kevin Murai, Dwight Steffensen, Thomas Wurster, and Andrea Zulberti resigned from the Board, and Matthew Nord, Robert Kaslow-Ramos, Nayaki Nayyar, and Merline Saintil were appointed thereto upon the nomination of Tiger Holdings pursuant to the terms of the Investor Rights Agreement, a summary of such terms of which are included in Item 1.01 and are incorporated herein by reference. evidence_url: https://www.sec.gov/Archives/edgar/data/1177394/000119312521264521/0001193125-21-264521-index.htm - Executive change Ann Vezina was appointed as Lead Independent Director at TD SYNNEX CORP. - Action: appointed - Role: Lead Independent Director source text: Additionally, as of September 1, 2021, Ann Vezina was appointed as the Lead Independent Director. evidence_url: https://www.sec.gov/Archives/edgar/data/1177394/000119312521264521/0001193125-21-264521-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.