Computacenter has swallowed the Canadian firm Pivot Technology Solutions and effectively doubled its size.
CEO Mike Norris said: “The acquisition of Pivot represents an opportunity to increase our scale, geographic footprint and capabilities in the US. Canada expands our total market opportunity and helps us meet the needs of international customers.
Computacenter will pay CAD $105.8 million for Pivot in a deal which has been recommended by the Canadian firm’s board, but still requires shareholder approval.
The US arm of Computacenter will be integrated into Pivot, the firm added, doubling US revenue and headcount. Pivot’s US sales were $1.2 billion in 2019.
