Insight-PCM Deal to Spawn $9B Goliath

Insight Enterprises announced it is buying PCM Inc. for $581 million in cash and assumed debt, bringing two channel giants together under one roof, creating a solutions juggernaut, with expected annual sales of more than $9 billion, Insight announced.

“Together we will solidify our position as a market leading solution provider with global scale and deep technical talent helping clients across the globe run their businesses smarter,” Insight CEO Ken Lamneck told analysts on a conference call Monday announcing the deal. “Together we expect to drive net sales of more than $9 billion annually and higher gross margins than Insight alone.”

Once the deal closes, the combined company will have more than 7,500 client-facing employees, including sales, presales, software development, design, engineering, implementation and management, a technical pool that will differentiate them from competitors, Lamneck said.

Read the full article here.

previous post Back to Articles next post

09 May 2023

DynamicsCon LIVE Conference Information

martinwolf will be attending the DynamicsCon LIVE conference in Scottsdale May 22-25. Book a confidential one-on-one meeting with Michael Rosholt to learn about market trends, current valuations, and how to prepare for a sale.    DynamicsCon attendees are also eligible for a complementary M&A Readiness Scorecard from martinwolf.   Contact Michael Rosholt at mrosholt@martinwolf.com to...

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...

31 Jan 2023

Rising Interest Rates Chill Private Equity Pace

After a year of strength on the private equity front, 2022 is now in the rearview mirror and industry professionals anticipate a downgrade in performance for the coming year.   Despite the fluctuations of the past few years, private equity has withstood the challenges relatively well. However, in certain areas such as exit activity and...