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New Deal


Announced

Completed

CDW completed the acquisition of Sirius Computer Solutions from Clayton, Dubilier & Rice for $2.5bn.

Financials

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Transaction Value£1,817m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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network solutions

Domestic

Friendly

Private

Single Bidder

Acquisition

IT Services: Other

United States

cloud solutions

Private Equity

Majority

Completed

Synopsis

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CDW, an IT solutions provider, completed the acquisition of Sirius Computer Solutions, an IT services management company, from Clayton, Dubilier & Rice, a private equity firm, for $2.5bn. “We are excited to officially welcome the talented Sirius team to CDW. Through this transaction, we meaningfully expand and scale our services and solutions capabilities and further enhance our ability to solve customers’ increasing interconnected and complex technology challenges. The addition of Sirius strengthens our role as the trusted technology advisor to our customers, with the expertise and portfolio breadth, depth and scale to orchestrate complete customer-centric outcomes across the full technology solutions stack and lifecycle. I am confident in our ability to leverage our common values and collective unparalleled expertise to deliver the best customer and partner experiences and create value for CDW shareholders," Christine Leahy, CDW President and CEO.

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