Less than two months after going private in a $6 billion deal, Largo’s Tech Data is expanding in Asia.

The company has reached a deal to purchase Innovix Distribution, a Singapore technology distributor with more than 8,000 partners in Pacific Asia, including Hong Kong, Malaysia and Singapore. Neither company disclosed terms of the deal, which is expected to close this fall.

“This investment demonstrates our commitment to the Asia Pacific region and is an important, early milestone in our transformational journey since being acquired by Apollo Global Management,” Jaideep Malhotra, Tech Data’s Asia Pacific president, said in a statement. “The addition of Innovix reinforces our collective focus on growth and diversification, supporting Tech Data’s announced plans to transform our company into one that defines a new standard of operational and cultural excellence in our industry.”

The private equity firm Apollo Global completed its purchase of Tech Data in July. At the time, the company announced a five-year plan to invest $750 million in digital transformation, including a cloud-based marketplace and other new platforms.

Innovix has “an expansive range of IT products, solutions and services,” Malhotra’s statement read, including some related to cloud computing and security. The company has more than 500 employees in the region.

“We are proud to have built a 60-plus-year reputation as a leading IT distributor in the Asia Pacific region,” Innovix CEO Eric van der Hoeven said in a statement. “Our focus on helping businesses accelerate growth and capitalize on digital transformation is perfectly aligned with Tech Data’s mission to connect the world with the power of technology, and we look forward to working together to serve this market and stay ahead of evolving technologies and consumption models.”

Tech Data will purchase Innovix from Jardine Matheson Group, a multinational conglomeration with investments in fields ranging from automobiles to property acquisition and management to dairy production. Jardine ranks 301st on the Fortune Global 500, with revenue last year of $41.9 billion.

Along with this summer’s $750 million investment, the acquisition is evidence Tech Data plans to grow as a private company — even as it faces internal economic constraints related to the coronavirus pandemic.

In a staff memo circulated last week, CEO Rich Hume said Tech Data’s spring and summer business “has not been as bad as our worst-case scenario planning,” but that the company is “seeing declines in performance compared to last year and are tracking well below our overall performance goals for fiscal year 2021.

“Looking ahead, it’s unclear when the economy may begin to experience a sustained recovery, and when public health concerns will lessen,” Hume’s memo stated.

In spring, the company suspended merit-based pay increases for its 14,000 employees, 2,000 of which are local. Last week, the company told staff those increases would not return this year.

“Naturally, we had hoped for a different outcome,” spokesman Bobby Eagle said via email. “Investing in our colleagues is always front of mind, especially as we have watched this organization rise to the challenges of 2020.”