GRAND RAPIDS, Mich., Oct. 5, 2021 /PRNewswire-PRWeb/ -- Today Vista IT Group announces the launch of a new technology distribution company: V3 Distribution. V3 will focus exclusively on supporting companies in the technology supply chain. Specifically, distributors, value added resellers, leasing and finance organizations and third-party maintenance companies. Vista Private Equity (VPE) was also established as a new holding company to support these two organizations and their unique Go-To-Market strategies.
"We've experienced tremendous growth across all our business units over the last several years," says Jeff Stevens, Vista Private Equity CEO. "The timing was right to create separate brands, so they can focus on their individual markets and continue unabated on their growth trajectories." By establishing a shared services model, all companies in the VPE family will be able to leverage the combined organization's warehouse, technical, and operations resources.
"This announcement has been months in the making, while we patiently waited for V3's new Processing Center and Vista's co-lo hosting facility to come on-line," Stevens said. "V3 Distribution isn't a new concept. In fact, it is the most mature part of our business. The unique relationships we have including Cisco Excess, Dell Recertified, and HPE Replacement Parts have become more strategic to our customers as supply chain disruptions and semi-conductor shortages continue to impact the technology industry."
V3 Distribution will also focus on asset recovery and consignment services for select customers who have high volumes of equipment and are looking to maximize their recovery rates through V3's remarketing services.
About Vista Private Equity
Vista Private Equity has deep roots in the technology industry, going back over 35 years. We are proud to be one of the few remaining privately held technology companies in the United States. VPE was established to support the needs of our internal business units as they continue to grow and diversify. This strategic model allows our independent brands to leverage shared operational resources while maintaining their own unique go-to-market strategies. The VPE family includes Vista IT Group, V3 Distribution, and Vista Financial Services.
About Vista IT Group
Vista is one of the largest and most established technology providers in the country. Since 1986, we have been serving customers through core competencies in Data Center, Supply Chain and Technology Services. Uniquely equipped with certified engineers, warehouse facilities, and logistics expertise, our business model can quickly respond to the ever-changing technology needs of our customers. Vista IT Group provides a broad range of programs and professional services to help integrate strategies around our customers' information technology, data, and lifecycle management needs.
Learn more at vistaitgroup.com
About V3 Distribution
At V3, we do technology differently. We've found that we're really good at helping VARs, resellers, maintenance companies, and leasing firms with their specific technology needs. We're firm believers in building on what you already do well. This is why we have invested heavily into establishing best-in-class services and product offerings specifically tailored to these groups.
Learn more at v3distribution.com
Media Contact
Marketing Manager, Vista IT Group, +1 616-281-5000, [email protected]
SOURCE Vista IT Group
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