🔒
Price chart and 15 days of daily prices
Candlestick chart with moving averages, Bollinger bands and MACD.
Register free to view.
Security Profile
- Security Type
- Common Stock
- CUSIP
- 784109209
- Market Cap
- Micro Cap · $1 Million
- Previous Symbol
- SED (changed 3/4/2015)
- Previous Name
- Southern Electronics Corp.
Business: SED International Holdings, Inc. is a multinational technology distribution leader. They are a preferred distributor of computer technology, consumer electronics and small appliances. They focus on under-served segments of the market, in which they are able to gain competitive share and win business through their best-in-class customer service and support. Headquartered near Atlanta, Georgia with business operations in California; Florida; Georgia; Texas; Bogota, Colombia and Buenos Aires, Argentina, SED serves a customer base of over 10,000 channel partners and retailers in the U.S. and Latin America. They enjoy strong relationships with industry leading vendor partners and offer their customers a diverse and growing base of products.
Notes: March 28, 2014, SED International Holdings, Inc. (“SED”) and its wholly owned subsidiary, SED International, Inc., sold all of the outstanding capital stock of Intermaco S.R.L., a limited liability company organized under the laws of Argentina, to individuals in Argentina for a purchase price of $1.00. Intermaco S.R.L. is the indirect subsidiary of SED that operates the company’s distribution business in Argentina. In connection with the transaction, SED also agreed to pay $410,000 to the purchasers’ broker on their behalf, conditioned on SED receiving the benefit of $310,000 in vendor credits. The board of directors of SED determined that it was in the best interests of SED to dispose of the company’s distribution business in Argentina on these terms, as opposed to continuing to operate the business or winding-down and dissolving the business, due to the greater financial losses that would be expected to be incurred in connection with either of these alternatives.
Company Contact
- CEO
- Jonathan Elster
- CFO
- J. Stanley Baumgartner, Jr.
- Headquarters
- 4916 North Royal Atlanta Drive, Tucker, GA 30084
- Phone
- 770-491-8962
- Investor Relations
- Brandi Floberg · 212-481-2050 · Sed@tpg-ir.com