Anixter Security Rebound and New Chief

Author: John Honovich, Published on Oct 31, 2014

3 months ago, Anixter's security struggled significantly with revenue actually declining.

Then, this summer, Anixter shook up the industry, acquiring Tri-ed for $420 million.

Now, they are bouncing back, at least somewhat. In this note, we examine Anixter's Q3 2014 financial results, the integration of Tri-Ed and who is now in charge.

* ****** ***, *******'* ******** ********* ************* *********** ******** *********.

****, **** ******, ******* ***** ** *** ********,********* ***-** *** $*** *******.

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******* ***** **** ********** *** ********** *******'* '*********' ** **:

"*** ** *** **** ********** ** ******* ******* *** ***-** together ***** ****, ** *** *** *********** ********* ** ******** protocol-based ******** **** ***** **** ******* ***** -- **** *** Tri-Ed **** *** ****** ** **** **** ***** ******** ****."

*******, ** ******* ******, ***-**'* **** ******** **** *** "******* integrators *** **********" *** *** ***** ********** ** **** ******** from ** ****** ** **** ******* ** ******, ********** ** ***** *** **** *** ********** ** **.

Tri-Ed **** ** ******

*********, ********** **** *** ********* ******* ** *** ** ****** of *** ****** ******** **********. *** ****.

"*** ********, *** ****** ********* ** ***-**, ** *** ******* *** $1.7 ******* ****** ******** ********."

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******* ** ******* ****** * **** *** *** **** ** only *** ***-**'* ****** ***** ************ ****, *** **** ***** executive *** ** ** *** ******** *******.

Comments (3)

** ******* ******* **** ******* (*** *** ****** **** *** biggest ********) ** *** ***** ********* ***** **, *** ******* to **** ********* ***** **. **** *** ********* ************ - typically ***** ** **** * *** **** * *** ******* ask ** ********* ********* *** *** *** **** ** ********* a ****** ****. *** ***** **** ******* **** **** ** that *** *** (** ***** ** ** ****) *** *** expertise.

*** *********** ** ***-** ****** ** *** **** ** *** people **** **** ******* ** *** **** ******* ******* ** the **** ** ********. *** ***** *** *** ******* ****** help *****, ** ******* **** ***** *** **** ******** *** of *****, *** **** **** **** **** ********* ********.

*****...*** ***** *** **** * ******** ** **** ******** ** a *********** **** ** *** ********* *****?

* **** ****** **** ******* * ***** ***** ***, **** change *** ***** *** ** * ***. *** ** ******* established ************.

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