About Tiger Parent (AP)

Tiger Parent (AP) Corporation operates as an IT distribution and solutions company. The company’s customers include value-added resellers (VARs), direct marketers, retailers, corporate resellers and managed service providers (MSPs) who support the technology needs of end users. It provides its vendors access to fragmented markets, such as the small- and medium-sized business (SMB) sector, which relies on VARs, its primary customer base, to gain access to and support for new technology. The company provides a portfolio of services to its vendors, including integration services, supply chain management services, and field, depot and support services, such as field engineering, equipment installation, maintenance, repair and others. The company distributes and markets various products from major technology hardware manufacturers and software publishers, as well as suppliers of technologies and delivery models, such as converged and hyper-converged infrastructure, the cloud, security, analytics/Internet of things (IoT), and services. Its products are purchased directly from vendors in quantities and are marketed to a reseller base of approximately 125,000 VARs, direct marketers, retailers, corporate resellers and MSPs. Products and Services The company groups its offerings into the following two primary solutions portfolios: Endpoint Solutions Portfolio: The company’s endpoint solutions portfolio primarily includes PC systems, mobile phones and accessories, printers, peripherals, supplies, endpoint technology software and consumer electronics. Advanced Solutions Portfolio: The company’s advanced solutions portfolio includes primarily data center technologies, such as storage, networking, servers, advanced technology software and converged and hyper-converged infrastructure. Its advanced solutions portfolio also includes its specialized solution businesses. Its next-generation technology solutions, along with its services offerings, span its endpoint and advanced solutions portfolios. Strategy The key elements of the company’s strategy are to global footprint that ensures it could support its channel partners worldwide, with the local knowledge it takes to be successful; end-to-end portfolio of products, services and solutions to enable channel partners to create the best business outcomes for their customers; solutions-oriented technical capabilities and domain knowledge that span the IT continuum, with the ability to deploy them within specific customer verticals; common IT platform that ensures consistent global execution and delivers efficiency and speed for a superior customer experience; invest in next-generation technologies and delivery models, such as the cloud, security, analytics/IoT, and services; strengthen its end-to-end portfolio of products, services and solutions; transform company digitally through greater automation; and optimize its global footprint by enhancing the operational efficiency and effectiveness of its businesses worldwide. Acquisition In November 2019, the company completed the acquisition of DLT Solutions, a software and cloud solutions aggregator focused on the U.S. public sector. Foreign and Domestic Operations and Export Sales The company sells to customers in approximately 100 countries throughout North America, South America, Europe, the Middle East, Africa and the Asia-Pacific region. Seasonality Historical seasonal variations have included an increase in European demand during the company’s fiscal fourth quarter (year ended January 2020) and decreased demand in other fiscal quarters. The seasonal trend in Europe typically results in greater operating leverage, and therefore, lower Selling, general and administrative expenses as a percentage of net sales in the region and on a consolidated basis during the second half of its fiscal year, particularly in its fourth quarter. Competition The company compete against various distributors in the Americas market, including Ingram Micro Inc., Synnex Corp., and Arrow Electronics, Inc., along with various regional and local distributors. History Tiger Parent (AP) Corporation was founded in 1974. The company incorporated in 1974.