Category: Spotlight

07 Jan 2021

Atos SE Confirms Unsolicited Bid for DXC

Financial Information Not Disclosed Transaction Update French IT Services company Atos SE (XPAR:ATO) confirmed Thursday that it had made a bid to acquire US IT Services giant DXC (NYSE:DXC) Wednesday night. Valuation of the offer was not disclosed, but the offer was reported to be more than $10 billion including debt (DXC’s debt rose to...

09 Dec 2020

Platinum Equity to Acquire Ingram Micro

*Financial Information ($USD) Enterprise Value:         $7.2 Billion EV/FY19 Revenue:      0.15x Transaction Update Platinum Equity announced today that it entered into a definitive agreement to acquire Ingram Micro from current owner HNA Group in what is the largest asset disposal by a Chinese company to a non-Chinese buyer this year. Ingram...

10 Nov 2020

Trace3 Acquires Groupware Technology

Financial Information Not Disclosed Transaction Update HIG Capital-owned solution provider Trace3 announced today that it had acquired fellow California-based solution provider Groupware Technology Both companies are recognized as major technology providers and routinely appear on industry listings — Trace3 is No. 39 on the 2020 CRN Solution Provider 500 list while Groupware is No. 83...

03 Nov 2020

Computacenter plc Completes Pivot Technology Solutions Acquisition

*Financial Information ($USD) Enterprise Value:    $196.4 Million EV/REV:                 0.18x EV/EBITDA:           8.51x Transaction Update Computacenter plc announced this week that had completed its acquisition of Pivot Technology Solutions (originally announced Sept. 9) Pivot’s shares are planned to be delisted from the Toronto Stock Exchange at...

22 Sep 2020

AHEAD to acquire RoundTower and Kovarus

Financial Information Not Disclosed Transaction Facts Chicago-based solution provider AHEAD announced today that it had acquired fellow solution providers RoundTower Technologies and Kovarus, forming a 1,000+ employee business with more than $2.1 billion in revenue. Valuation information and other financial details were not disclosed, and integration details were yet to be worked out (though CEOs...

20 Aug 2020

Michael Korzinstone, Senior Principal at Cinven

The latest issue of Executive Perspective features Michael Korzinstone, Senior Principal at Cinven. Michael has 13 years’ experience in IT private equity investment, and is currently responsible for Technology, Media and Telecom (TMT) sector investing in the Americas for Cinven, a 30+ year veteran PE firm with a particular buy-and-build focus. Headquartered in London, Cinven...