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New Deal


Announced

Completed

Computacenter completed the acquisition of Pivot Technology Solutions for $80m.

Financials

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Transaction Value£61m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales0.1x
EV/EBITDA2.96x
Share Price Premium-
One Off Charge-

Tags

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IT Services: Other

data virtualization

data storage

data centre

implementation solutions

multi-vendor sourcing

Canada

Friendly

Acquisition

Majority

Cross Border

Private

Single Bidder

Completed

Synopsis

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Computacenter, a computer services provider, completed the acquisition of Pivot Technology Solutions, a full-service information technology provider, for $80m. "The acquisition of Pivot represents an opportunity to increase our scale, geographic footprint and capabilities in US. Additionally, Canada expands our total market opportunity and helps us meet the needs of international customers. The businesses are a good fit and the combination gives us the opportunity to enable the long-term success of customers, partners and people from both teams." Mike Norris, Computacenter CEO.

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