The amount of the transaction was not disclosed.
The company intends to use the funds to expand product and service offering
Founded in 1981 and led by Saar Pikar, CEO, and Erez Pikar, COO, CDI is a provider of refurbished technology to the North American education market.
The company provides PCs, notebooks, tablets, servers, telecommunication and other technology equipment.
It has over 300 employees and relationships with more than 4,000 school districts, colleges and universities across the United States and Canada.