Xerox completed the acquisition of ITsavvy from GenNx360 Capital Partners for $400m.

Xerox, a corporation that sells print and digital document products and services, completed the acquisition of ITsavvy, an Oak Brook, Illinois-based provider of integrated IT products and associated services, from GenNx360 Capital Partners, a private equity firm, for $400m. "We appreciate GenNx360's support and strategic insights over the past two years. They have been an outstanding partner to work with to enhance and evolve our platform. We are excited to join forces with a longstanding company in Xerox, one of the great global brands, and we look forward to supporting their next stage of growth," Munu Gandhi, ITsavvy CEO.