decor decor
"Change occurs when excuses pivot to execution."

-Ryan Lilly

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 the close of business on Nov. 4
  • Today, Pivot is a wholly owned subsidiary of Computacenter.
martinwolf Analysis
  • Consistent Performance: Computacenter has consistently performed well this year, issuing a positive Q3 trading update the day before Britain announced a new four-week lockdown.
  • Looking to 2021: Computacenter expected this acquisition to have a “marginal positive effect on 2020 results,” but for it and a concurrent acquisition of BT Services France to “add significantly” in 2021
  • The Art of the Deal: Successfully bringing companies together is a core competency for Computacenter CEO Mike Norris and his senior leadership team.
For more information about this transaction, click here to read the press release.
*Financial information from Factset
martinwolf was not the advisor in this transaction.
previous post Back to Articles next post

01 Dec 2023

Insight Acquires SADA

Financial Information ($USD) Purchase Price: $410 million cash free debt free Earnout: Up to $390 million with a target of $210 million EV/EBITDA: Approximately 11.3x, based on purchase price plus target earnout and $55 million of EBITDA  Transaction Details Insight Enterprises (NASDAQ: NSIT) today announced it has completed a $410M acquisition of SADA, a leading...

22 Feb 2023

How Microsoft Channel Partners Can Command High Valuations

In today’s rapidly changing ecosystem, simple organic growth doesn’t give Microsoft Channel Partners long-term competitive advantage.   During the last five years, Microsoft Channel Partners have commanded high valuations due to strong and sustainable business models, as well as a track record of profitability. Most were small mid-market businesses that had to decide to be...

18 Jan 2023

IT Industry Titan John McKenna Announces Retirement 

Congratulations to John McKenna, CEO of ConvergeOne, who announced his retirement today after 14 years at the helm. John has been an integral part of the IT industry for more than 30 years, and his leadership, dedication, and hard work have set the gold standard as a titan in our industry.   John’s tenure at...