Announced
Completed
Financials
Sources
Tags
Private Equity
Acquisition
Completed
IT Services: Other
infrastructure solutions
information technology
United States
Majority
Domestic
Friendly
Single Bidder
Private
Synopsis
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.
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