DCC Tech Acquires Stampede – Mark Wilkins Retires a Rich Man

Stampede today announced that it has been acquired by the technology division of DCC plc, a £14.3 billion revenue, London Stock Exchange listed (LSE) international sales, marketing and support services group that employs 11,000 people in four divisions operating in 17 countries.

Who the heck is DCC? DCC is a leading international sales, marketing and support services group that operates through four divisions: LPG, Retail & Oil, Healthcare and Technology. They are a publicly traded company on the FTSE 100 and in 2017 they had revenues of $18 Billion US and realized profits of just under $1 Billion US.

DCC’s four divisions employ over 11,000 people and include:

  • DCC LPG — an LPG sales and marketing business with operations in Europe, Asia and the U.S.
  • DCC Retail & Oil — selling, marketing and retailing of transport fuels and commercial fuels
  • DCC Healthcare — a healthcare business, providing products and services to healthcare providers
  • DCC Technology — a sales, marketing and services partner for global technology brands

Tim Griffin, DCC Technology, managing director said, “The acquisition of Stampede adds an exciting new brand to our portfolio that complements our Exertis brand in Europe. The combination of Stampede’s expertise in value added distribution and our resources is going to unleash a new wave of opportunity for our partners in ProAV around the world. By establishing a presence in North America, we will be strategically positioned to leverage all of the new opportunities we expect to develop as a result of this acquisition.”

Stampede President & CEO Kevin Kelly said, “Everything we have accomplished as a company over the last 20 years is due to the amazing talent and ingenuity of our employees who created a world class company that has been limited in its growth potential only by its balance sheet. With this acquisition, we no longer have the same financial constraints limiting what we can do as a value added distributor.”

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Kelly said that the acquisition does not change the way Stampede conducts business around the world.  In fact, it will accelerate the company’s global business development efforts. “Our employees, resellers and vendor partners will see an exciting evolution in how we go to market and the level of investment we can now make to grow our business.”

With the completion of the acquisition, Stampede founder and CEO Mark Wilkins has decided to retire, after nearly 40 years of service to the ProAV industry.  “I am incredibly proud of everything we have accomplished as Stampeders over these last 20 years,” Wilkins said today. “Now, with the backing and support of DCC, I can retire knowing that the company’s future is in very good hands.”

Stampede is here and DCC is here.

This story has been updated to clarify some of DCC’s business holdings.

Gary Kayye

About Gary Kayye

Gary Kayye, founder of rAVe Publications, is one of the most prominent personalities in the audiovisual industry. He has been a contributor to WIRED magazine and a technical advisor and columnist for Sound & Communications magazine as well as an opinionated columnist for rAVe [Publications] since 2003. In addition to his writing and market analysis, Gary has been a product, marketing and business operations consultant to dozens of AV companies in the U.S. and overseas. Clients have included companies such as Sony, Sharp, Epson, Lutron, InFocus, Sanyo, Mitsubishi, NEC and Philips.   Gary, who has been involved with the audiovisual market for over 20 years, was the recipient of the InfoComm 2003 Educator of the Year Award and the 2007 NSCA Instructor of the Year Award. Over the years, he has donated much of his time as an active volunteer in the AV industry’s trade association and served as chairman of InfoComm’s Professional Education & Training Committee (PETC), chairman of the ICIA Design School Committee and chairman of InfoComm’s Installation School Committee. In addition, he has served on the InfoComm board of governors. He also helped grow the InfoComm Projection Shoot-Out as the premiere AV industry trade show special event serving on the committee from 1991 through 1997, and was instrumental in launching the Shoot-Out in the European market at the Photokina Expo in 1994 and 1996 as well as the Asian market at the 1995 and 1997 INFOCOMM Asia shows.   Prior to founding his own company, Gary was vice president of sales and marketing for AMX Corporation (www.amx.com), a manufacturer specializing in professional AV and residential AV control systems. Prior to AMX, Gary spent nine years at Extron Electronics (www.extron.com), rising to the position of vice president of sales and marketing. Gary earned his bachelor’s degree in journalism in 1987 from the University of North Carolina and is currently Adjunct Faculty at UNC in the School of Journalism teaching a class on how future technologies will affect the future of advertising, PR and marketing.   He is also the founder of Swim for Smiles, a non-profit that raises money for the N.C. Children’s Hospital through swimming and other fitness-related events for kids. You can contact him at gary@ravepubs.com..

  • Lawrence

    Omg… this article just claimed that DCC owns shell. Seriously? Do some research before posting stuff like that. Or at least read the whole Wikipedia page, which is where you got most of the info about dcc anyways.

    • Gary Kayye

      Noted and fixed. Thank you for the kind feedback.