VADition Acquired by Exclusive Networks Group

ALTON, England, June 30, 2011 -

- Creates UK‘s Premier
Value-Added Distributor, Delivers on Pan-European
Strategy

VADition, the value-added distributor of technologies for the
’social enterprise’, today announced its acquisition by Exclusive
Networks Group, the Pan-European value-added distributor of
security, storage and networking technologies, for an undisclosed
sum. Building on Exclusive’s successful acquisition of Arc
Technology in July 2009, the deal will add significant momentum to
its business, creating the UK’s foremost value-added distributor of
innovative and disruptive technologies for resellers addressing
SMEs, large enterprises and public sector organisations.

The acquisition sees VADition’s senior management team assume
responsibility for Exclusive’s UK business operations, with
co-founders Neil Ledger and Ian Morris taking up the posts of joint
CEOs.

VADition’s Hampshire based operations will now become the
Group’s 24/7 service and support centre for Europe, and when
combined with Exclusive’s existing Chesterfield business, will
significantly increase the Company’s national footprint and reach
across the UK to better serve the needs of its VAR partners.

In a joint statement, VADition co-founders Neil Ledger and Ian
Morris said, “The acquisition by Exclusive is a great fit for us.
We share so much in common from company culture, to technology
vision, to business strategy, and the synergies between the two
organisations are very compelling. VADition has experienced
tremendous growth over the last 4 years achieving annual revenues
in excess of £30m, expanding into continental Europe with the
launch of its Benelux operations and being acclaimed as the
3^rd fastest growing private UK company in The Sunday
Times Fast Track 100 league table for 2010. The acquisition is
testament to the fantastic job the entire team at VADition has done
and is a clear validation of our strategy and vision of the social
enterprise. We remain as ambitious as ever and are committed to
helping Exclusive achieve its growth potential in the UK
market.”

“This is a strategic acquisition for us as we continue to
bolster our UK presence and build out our European distribution
network”, commented Olivier Breittmayer, CEO of Exclusive Networks
Group. “To find an organisation of the calibre of VADition that
shared our ambition, drive and vision of value-added distribution
was refreshing. There are many similarities between the two
organisations, both started around the same time, both focus on
innovative and disruptive technologies, and both share exclusive or
preferred partner status with vendor organisations. This combined
with strong leadership, a committed workforce and proven business
performance made VADition an obvious target for us. We now look
forward to continued growth and success together.”

Chris Walsh, Sales Director at Exclusive Networks UK commented,
“Although operating across similar market sectors, there is very
little vendor cross over between the two organisations which
represents tremendous opportunities for our vendor partners and
reseller channels alike. We are looking forward to building upon
the experience that VADition brings to the organisation as well as
access to their corporate reseller base. In return we believe we
can offer them a valuable insight into the SME channel. This
breadth of offering is unrivalled in the UK and will give us a real
competitive advantage in the marketplace.”

The expanded UK business will now be on a par with that of
Exclusive’s other European operations. With 2011 revenues for the
Group set to reach €180m and with over 200 staff across 11
countries, the deal reinforces Exclusive’s ambitious growth plans
and strategy to become the de-facto ‘go-to-market’ value-added
distributor across Europe.

About VADition

VADition ( href="www.vadition.com">www.vadition.com) is the
social enterprise distributor, enabling channel partners to
successfully confront the business and IT challenges faced by
organisations that are embracing new IT delivery models and working
practices.

The characteristics of VADition’s chosen vendor partners must
therefore demonstrate a belief and commitment to this evolution,
and provide rapidly innovating technology that accelerates,
automates, consolidates or secures the IT estate. VADition is an
award winning distributor, recognised by respected industry
publications and analysts for its value-adding approach, and by The
Sunday Times for its sustained growth and profitability as one of
the UK’s best performing private companies.  

About Exclusive Group

Exclusive Group is a European value added distributor
specialising in critical security, infra-network and storage
solutions. Exclusive Group is recognised for marketing highly
innovative, forward-looking solutions that meet existing or
emerging needs, such as unified information security threat
management. The keys to Exclusive Group’s success lie in its proven
technical skills and its commitment to its operator, integrator,
VAR and service provider partners (through consulting, training and
support) and to its vendors and manufacturers, notably in defining
their business plans and marketing actions. Headquartered in
France, Exclusive Group is now present in 11 countries: France
(Paris, Lyon and Montpellier), Spain, Portugal, Italy, Britain,
Netherlands, Belgium, Francophone Africa, Switzerland, Sweden,
Norway and Finland.

For more information please contact:Mark Waite, Cohesive Communications, markw at cohesive.uk.com, +44(0)7774-265444