Greenberg Glusker Advises Talley Inc. in Its Acquisition by Rexel USA

May 7, 2024Press Release
Greenberg Glusker Press Release

Los Angeles, CA — Greenberg Glusker LLP, a leading law firm in mergers and acquisitions for middle-market companies, is pleased to announce its role in representing long-time client Talley Inc., an industry-leading provider of network infrastructure products, in its recent acquisition by Rexel USA.

"We are delighted to have guided Talley Inc. through this pivotal transaction," stated Joel Weinstein, Corporate Partner at Greenberg Glusker LLP. "This acquisition underscores our commitment to facilitating deals that align with our clients’ strategic goals and enhance their market position."

The deal will enhance Rexel's offer with connected and electrified solutions, allowing it to further benefit from the electrification trend of wireless connectivity and digitalization.

With an expected revenue of approximately $360 million in 2024, Talley operates 11 warehouses and employs over 300 professionals. Rexel USA plans to operate Talley as a specialty business unit, leveraging the full strength of Talley’s brand and people.

The completion of this transaction is subject to U.S. antitrust approval and customary closing conditions and is expected to close in June.

The Greenberg Glusker team, led by Joel Weinstein, Richard Sweet, and Michelle Mabugat (Corporate), includes: Ben Alexander, Alexa Steinberg, William Moodie, Arthur Moore, Emilee Wu, Callista Cody, and Nicole Matsuda (Corporate); Daniel Cousineau and Zachary Nolan (Tax); Brian Moskal (Environmental); Karina Sterman (Employment); James Han (Real Estate); Laura Zwicker (Private Client Services); Jesse Saivar and Natasha Shabani (Trademark and Copyright); and Tim Toohey (Cybersecurity).