Variant Equity, a Los Angeles-based private equity firm, completed the acquisition of CompuCom Systems, a technology managed services provider, from ODP, an American office supply retailing company, for $305m. "This action represents an important step in continuing to align our business model and resources towards our core strategy. By enhancing our core focus and leveraging our B2B assets and digital commerce platform, we are in an excellent position to maximize returns for our shareholders," Anthony Scaglione, ODP CFO.