MARKHAM, Ontario, Aug. 28, 2014 (GLOBE NEWSWIRE) -- via PRWEB - Erez Pikar, previously CDI's C.O.O. has been appointed as President of CDI Computer Dealers by CDI's board of directors managed by H.I.G. Growth Partners effective as of July 7th, 2014. With over 21 years of C-level management experience, CDI is excited to see what Erez will do in his new position.
Starting off as Director of Operations in 2006, Erez oversaw operations, purchasing and I.T. and played a key role in the strategic direction of CDI. In 2010 Erez was promoted to Chief Operating Officer which expanded his management responsibilities into the software development and customer service departments.
Though his title may have changed throughout the years, Erez has constantly played a critical role in the company's success and growth both in terms of his appointed duties but also as a leader to CDI's employees. Under his management, the operations team has been able to efficiently and effectively scale its infrastructure and production capabilities helping the company reach over $108 million in annual sales.
About CDI
Headquartered in Markham, Ontario, CDI is the leading refurbisher and remarketer of enterprise-grade I.T. hardware in North America. CDI delivers a powerful value proposition to budget-conscious government funded institutions and private organizations by providing "CDI Certified" product at a significant discount to the cost of new equipment along with the longest warranties in the industry. CDI's product line includes PCs, notebooks, tablets, servers, telecommunication and other technology equipment. The Company holds ISO 9001 and ISO 14001 certifications and processes more than one million I.T. assets annually. CDI has over 400 employees and relationships with more than 10,000 education, government, healthcare and private clients across the United States and Canada. For more information on CDI, please visit the company's website at http://www.cdicomputers.com.
About H.I.G. Growth Partners
H.I.G. Growth Partners is the dedicated growth capital investment affiliate of H.I.G. Capital, a leading global private equity investment firm with over $15 billion of capital under management. We seek to make both majority and minority investments in strong, growth oriented businesses located throughout North America, South America and Europe. We will invest $5 million to $30 million in equity in a given company and target investments in profitable growth oriented businesses with between $10 million and $100 million in revenues. We consider investments across all industries, but focus on certain high-growth sectors where H.I.G. has extensive in-house expertise such as technology, healthcare, internet and media, consumer products and technology-enabled financial and business services. Growth Partners strives to work closely with our management teams to serve as an experienced resource, providing broad-based strategic, operational, recruiting and financial management services from a vast in-house team and a substantial network of third-party relationships. For more information, please refer to the H.I.G. website at http://www.HIGgrowth.com.
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