Negri Electronics Announces Acquisition by First Ascent, LLC
Negri Electronics, Inc, is pleased to announce its acquisition by First Ascent, LLC
Las Vegas, Nevada (I-Newswire) December 31, 2013 - Negri Electronics, Inc., a leading independent retailer and supplier of high-end, unlocked wireless devices, is pleased to announce its acquisition by First Ascent, LLC, in a deal that will position the company for long-term growth and expanded consumer offerings. Negri Electronics will remain headquartered in Las Vegas.
"First Ascent's acquisition of Negri Electronics is a great opportunity for our company to grow further and faster and to continue to provide the same great products and service to our valued customers" said Ryan Negri, founder of Negri Electronics. "First Ascent has the additional resources, experience and management expertise to help our company get to the next level and reach more consumers across the world. This is an exciting growth opportunity for our company, and we look forward to the years ahead."
Negri, who founded Negri Electronics in 2006, will remain actively involved in the company as a member of the board of directors. He will also continue to assist the company's ongoing sales efforts to new and current enterprise customers and distributors around the world. As part of the acquisition, P.J. Louis, managing partner of First Ascent and a 30-year veteran of the telecommunications and technology industries, will assume the role of CEO for Negri Electronics.
"We are happy to have Negri Electronics become a part of the First Ascent family," said Louis. "We are looking forward to continuing the company's tradition of providing high-quality service, great products and competitive prices. Ryan and Philip Negri, CFO, and their team have done a great job of building a trusted and successful brand over the last seven years, and we look forward to propelling the company even further and having fun in the process."
To learn more about Negri Electronics' wide range of high-end, unlocked wireless devices and related products, visit www.negrielectronics.com.
Negri Electronics, Inc. is one of the nation's leading independent distributors and online retailers of high-end, unlocked wireless devices. Founded in 2006, Negri Electronics is a privately owned corporation headquartered in a 6,000 square foot facility in Las Vegas, with an additional administrative office in Southern California. The company currently serves customers in over 190 countries, with more than 4,000 high-end electronics devices available for purchase via the website. It is the only unlocked electronics supplier that retails independently online, offers wholesale pricing to resellers and enterprise customers and provides an expedited drop-shipping program. Negri Electronic's mission is to provide its customers with the best products and the best possible service, both before and after the sale. Website: www.negrielectronics.com
First Ascent, LLC
First Ascent, LLC is a New York -based private equity firm that is focused on acquiring and growing companies in the areas of telecommunications, information technology, data management, and media.
About Negri Electronics Inc
We are a reliable online retailer offering the most sought after devices in the world, and bringing More..them to you unlocked and available to purchase before any other company on the planet. Our customer is always our primary focus, and their satisfaction with the product and service we deliver is our top priority.Less..
Negri Electronics Inc
6255 S. Sandhill Road
Phone : 888-358-6358
Published in:Small Business
Published On:December 31, 2013
Print Release:Print Release
If you have questions regarding information in this press release contact the company listed above. I-Newswire.com is a press release service and not the author of this press release.The information that is on or available through this site is for informational purposes only and speaks only as of the particular date or dates of that information. As some companies and PR Agencies submit their press releases once per week,month or quarter, make sure to check the official company website for accurate release dates as our site displays the I-Newswire.com press release distribution date only.We do not guarantee the accuracy or completeness of information on or available through this site, and we are not responsible for or omissions in that information or for actions taken in reliance on that information.
BalanceLogic Launches New Website for Local Pet Care Company
Startup Palm Beach Brings 6 Startups to Downtown West Palm Beach
Check-in Social Media Launches Pane Bros New Website
A Beautiful Gift with a Purpose: Wine Glass Charms
Adam Michael Jewelry Announced as the Official #1 Trollbeads Retailer in North America