M&A Deal Summary

Avnet Acquires BSP Software

On October 19, 2012, Avnet acquired software company BSP Software

Acquisition Highlights
  • This is Avnet’s 2nd transaction in the Software sector.
  • This is Avnet’s 19th transaction in the United States.
  • This is Avnet’s 2nd transaction in Illinois.

M&A Deal Summary

Date 2012-10-19
Target BSP Software
Sector Software
Buyer(s) Avnet
Deal Type Add-on Acquisition

Target

BSP Software

Rolling Meadows, Illinois, United States
BSP Software LLC develops and distributes Implementation-Based Software applications that extend business value and assist in the administration, development and support of IBM Cognos software.

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Buyer(S) 1

Buyer

Avnet

Phoenix, Arizona, United States

Category Company
Founded 1921
Sector Distribution
Employees15,462
Revenue 23.8B USD (2024)
DESCRIPTION
Avnet's corporate headquarters in Phoenix, Arizona.
Avnet's corporate headquarters in Phoenix, Arizona.

Avnet is a distributor of electronic components, computer products, and embedded technology serving customers globally. Avnet accelerates its partners' success by connecting the technology suppliers with a broad base of customers by providing cost-effective, value-added services and solutions. Avnet was founded in 1921 and is based in Phoenix, Arizona.


DEAL STATS #
Overall 64 of 78
Sector: Software M&A 2 of 5
Type: Add-on Acquisition M&A Deals 56 of 68
State: Illinois M&A 2 of 2
Country: United States M&A 19 of 26
Year: 2012 M&A 13 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-19 BrightStar Partners

Rolling Meadows, Illinois, United States

BrightStar Partners, Inc. is an IBM Business Analytics and Performance Management consulting firm.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-02 Genilogix

Pittsburgh, Pennsylvania, United States

Genilogix LLC is an IT application lifecycle management firm. Genilogix provides a range of products and services that help channel partners and customers improve security, quality, performance, availability, governance, and regulatory compliance for mission-critical applications.

Buy -