Getronics completes acquisition of Pomeroy creating a Billion dollar plus leading global IT services platform

With this strategic acquisition, Getronics establishes itself as a leading Information & Communication Technology (ICT) service provider on a global scale, with a broadened services offering and capabilities to provide an exceptional customer experience. Getronics is owned by Bottega InvestCoS.àr.l., whose founder and majority shareholder is the Brazilian/American entrepreneur Nana Baffour, Chairman and Group CEO of Getronics.

Getronics has acquired Pomeroy, one of the leading U.S. providers of digital workplace transformation services. The newly expanded company, with combined revenue of approximately $1.3 billion, will be a leading global player in the field of Managed Digital Workspace, Applications, Industry Specific Software Solutions,Multi-Cloud Management and Unified Communications.

With a presence in 23 countries and coverage in over 110 countries through the Global Workspace Alliance, Getronics will continue to build local customer relationships and provide local solutions, backed by the strength of a global service delivery organisation.

Getronics, the leading European provider of digital transformation solutions with a rich history that extends over 130 years, is expanding its capabilities with Pomeroy’s resources and leading expertise in digital workplace transformation, infrastructure optimisation, network and data centre services. With locations coast to coast in the United States serving campus and distributed IT environments in retail, healthcare, financial institutions, services and manufacturing, the acquisition of Pomeroy enables Getronics to expand its global services capabilities focused on business transformation to the North American market.

 “We are very pleased with the successful acquisition of Pomeroy. Our combined revenues now reach $1.3 billion, achieving our goal of becoming a billion-dollar company two years earlier than originally planned,” stated Nana Baffour, Chairman and Group CEO of Getronics. “This reflects the power of our dreams and the dedicated execution of our team and financial partners, and we are excited about the value and customer experience that the new combination will allow us to deliver. Our operations are now significantly strengthened globally, extending from Brazil to Singapore and from Spain to the U.S. and Canada, with over 2,800 active clients, served by approximately 9,000 employees. With this scale, we are poised to succeed in our ambition to be the preferred partner for our customers in enabling business transformation using the latest technology.”

 “This is an outstanding combination and an incredibly exciting event for our clients as well,” said Brian Robinson, current CEO of Pomeroy and Global CFO of the newly combined company. “Getronics’ global service delivery capabilities and service offerings will be a compelling added value for North American clients. We look forward to introducing Getronics’ Applications, Cloud and Unified Communications solutions to further enable our clients to transform their businesses utilizing the latest digital tools as part of the workspace of tomorrow.”

The acquisition of Pomeroy was supported by an USD815 million financing and recapitalisation transaction.  CPPIB Credit Investments Inc., a wholly owned subsidiary of Canada Pension Plan Investment Board, Permira Debt Managers and White Oak Global Advisors, LLC led a USD550 million first lien senior tranche of the financing.

 

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