Menu
Paul goes solo at Snappernet

Paul goes solo at Snappernet

Distributor Snappernet has undergone an ownership change with Richard Paul now sole director. Former co-directors Mark Forbes and John Gould have sold their stakes to Paul, saying in a statement they will pursue "personal priorities and other business opportunities".

According to Gould, the timing was right for the buyout.

“Richard [Paul] was the driving force behind Snappernet and from my point of view I felt it was time to move on and give Richard the opportunity to further develop what I think has become a successful and well-regarded company.”

Forbes says, “Richard is very professional in his approach to business, has a great relationship with customers and vendors, and has a good understanding of the industry and Snapper[net]'s products.”

Paul says he is confident in his ability to take the company forward, as he has nine years experience in general management.

“Mark [Forbes], John [Gould] and I are happy with the financial position of the company and I'm confident in the systems we have put in place. John and Mark’s input into the company to date has been huge. Their knowledge and experience has been invaluable."

Paul adds the company is ahead of its end-of-year financial targets.

“2010 will be focused on trying to maintain that momentum while looking at some workflow efficiencies to improve our service performance,” he says.

Snappernet started in 2000 as a division of Ultra Computer Company. It represents brands including LevelOne, Micronet, Raritan, QNAP, Draytek, Sena, Patton Electronics, McAfee, and Snom.


Follow Us

Join the newsletter!

Error: Please check your email address.

Tags snappernet

Featured

Slideshows

Looking back at the top 15 M&A deals in NZ during 2017

Looking back at the top 15 M&A deals in NZ during 2017

In 2017, merger and acquisitions fever reached new heights in New Zealand, with a host of big name deals dominating the headlines. Reseller News recaps the most important transactions of the Kiwi channel during the past 12 months.

Looking back at the top 15 M&A deals in NZ during 2017
Kiwi channel closes 2017 with After Hours

Kiwi channel closes 2017 with After Hours

The channel in New Zealand came together to celebrate the close of 2017, as the final After Hours played out in front of a bumper Auckland crowd.

Kiwi channel closes 2017 with After Hours
Meet the top performing HP partners in NZ

Meet the top performing HP partners in NZ

HP honoured leading partners across the channel at the Partner Awards 2017 in New Zealand, recognising excellence across the entire print and personal systems portfolio.

Meet the top performing HP partners in NZ
Show Comments