A 2022 Lawsuit Squashed: Kelly vs. DCC Technology Holdings
DCC Technology Holdings and Kelly reach amicable settlement in legal disputes
In a refreshing turn of events, the litigious feud between Kevin Kelly, the ex-owner of Stampede Global Holdings, and DCC Technology Holdings has been settled amicably, according to a confidential agreement reached in 2022 (Kelly v. DCC Technology Holdings, Inc., No. 22-CV-518, United States District Court, W.D. New York). The brouhaha centered around post-acquisition payments following DCC Technology's purchase of Stampede in 2018.
"I'm bloody thrilled we ambled to an understanding that benefits everyone. This settlement strikes me as fair and friggin' pragmatic. I'd like to extend my gratitude to the admirable sou'westers who've supported us throughout this battle. Now that this beef's been squashed, I can refocus on nurturing emerging prospects and, as always, upholding a positive presence in the Pro AV and CE industries that I've called home for almost three decades," said Kelly.
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Kelly, a trailblazer in the Pro AV and Consumer Electronics industries, rose to prominence in 1997. Partnering with Mark Wilkins, they established Stampede Presentation Products in a humble Buffalo, NY office, transforming it into a leading distributor of commercial and consumer electronic goods with a presence across North America, the UK, and Australia.
A former member of the AVIXA Board of Directors (2016-2018), Kelly currently invests in private equity, working alongside company leaders to devise ambitious growth strategies, foster innovation, and fuel businesses with the capital and strategic guidance needed for sustained expansion.
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- Kevin Kelly, having settled his dispute with DCC Technology Holdings, is now better equipped to emphasize emerging opportunities within the Pro AV and CE industries, leveraging his vast experience and expertise.
- In the process of investing in private equity, Kelly collaborates with business leaders to bolster their growth strategies, enhancing innovation and improving financial prospects within the industry.
- As a former member of the AVIXA Board of Directors, Kelly's influence extends beyond mere investment, with a history of fostering strategic planning and innovative solutions that benefit the entire industry.
