M&A Deal Summary

Platinum Equity Acquires CompuCom

On May 28, 2004, private equity firm Platinum Equity acquired information technology company CompuCom for 254M USD

Acquisition Highlights
  • This is Platinum Equity’s 4th transaction in the Information Technology sector.
  • This is Platinum Equity’s 26th largest (disclosed) transaction.
  • This is Platinum Equity’s 8th transaction in the United States.
  • This is Platinum Equity’s 1st transaction in South Carolina.
Investment Fate
  • CompuCom was sold to a consortium of financial buyers in 2007 for 628M USD.
  • CompuCom was sold to a consortium of financial buyers in 2013 for 1.1B USD.
  • CompuCom was sold to a publicly-traded strategic buyer in 2017 for 1.0B USD.
  • CompuCom was divested to a consortium of buyers in 2021.

M&A Deal Summary

Date 2004-05-28
Target CompuCom
Sector Information Technology
Buyer(s) Platinum Equity
Deal Type Going Private
Deal Value 254M USD
Advisor(s) Jefferies (Financial)

Target

CompuCom

Fort Mill, South Carolina, United States
CompuCom is a provider of end-to-end managed workplace services, infrastructure modernization, and digital consulting to enable the digital workplace for enterprise and mid-market organizations. CompuCom was founded in 1987 and is based in Fort Mill, South Carolina.

Search 214,876 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Platinum Equity

Beverly Hills, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1995
PE ASSETS 50.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Platinum Equity's headquarters in Beverly Hills, California.
Platinum Equity's headquarters in Beverly Hills, California.

Platinum Equity is a private equity firm focused on acquiring divestitures of larger public companies primarily in North America and Europe. Historically, Platinum targeted technology/software related businesses, however, the firm has since branched out beyond tech and will consider acquisitions in a broad range of industries including chemicals, communications, logistics, healthcare, automotive, industrial products, and business services. Platinum Equity was formed in 1995 by Tom Gores and is based in Beverly Hills, California.


DEAL STATS #
Overall 10 of 156
Sector: Information Technology M&A 4 of 8
Type: Going Private M&A Deals 1 of 12
State: South Carolina M&A 1 of 1
Country: United States M&A 8 of 121
Year: 2004 M&A 2 of 2
Size (of disclosed) 26 of 31
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-05-28 DyStar

Frankfurt, Germany

DyStar is a global provider of dyes and services to the fashion and textile industries. With operations in countries in Europe, Asia, Africa, and the Americas, DyStar manufactures, sells and distributes a wide range of dyestuffs and pigment preparations. DyStar has a solid market position, long-term relationships with key customers, and is well-known globally for its innovative products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-07-21 American Racing

Cerritos, California, United States

American Racing Equipment is a producer of lightweight, high performance aftermarket wheels under the American Racing brand (American Racing Vintage, American Racing Pro Series, American Racing Muscle) as well as related brand lines including Twenty Inches Strong, Motegi Racing, Motto, Riax Performance Alloys, and RO-JA Motorsports.

Buy -