Staples - M&A Summary, Ownership, and Business Overview

RetailCompany

Staples M&A Summary

Staples has acquired 18 companies of its own, including 1 in the last 5 years. A total of 4 acquisitions came from private equity firms. It has also divested 10 assets.

Staples’ largest acquisition to date was in 2008, when it acquired Corporate Express N.V. for $3.5B. It’s largest disclosed sale occurred in 2016, when it sold Staples - Wholesale Business to Essendant for $23M. Staples has acquired in 11 different US states, and 3 countries. The Company’s most targeted sectors include distribution (30%) and retail (30%).

Staples Ownership

Who owns Staples?

Staples is owned by Essling Capital, HarbourVest Partners and Sycamore Partners. It was acquired on June 28, 2017.

Is Staples PE-backed?

Yes. Staples is owned by private equity investors Essling Capital, HarbourVest Partners and Sycamore Partners.

Staples Business Overview

Where is Staples headquartered?

Staples is headquartered in Framingham, Massachusetts.

What is Staples’ revenue?

Staples disclosed revenue of 18,247M USD for 2017 and 21,059M USD for 2016.

How many employees does Staples have?

Staples has 42,554 employees.

What sector is Staples in?

Staples is a retail company.

When was Staples founded?

Staples was founded in 1985 .

M&A Summary

  • M&A Total Activity27
    • M&A Buy Activity17
    • M&A Sell Activity10
  • Total Sectors Invested 8
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 16
  • M&A Advisors 5

Staples

Staples, Inc.

Five Hundred Staples Drive,
Framingham, Massachusetts 01702
United States,
(508) 253-5000
www.staples.com

Staples is an office supply retailer. Staples sells and distributes a variety of office products for consumers as well as small to large companies around the world. Staples was formed in 1985 and is based in Framingham, Massachusetts.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 17 - - - - - 17
vol $5.6B $5.6B
Sell (0.2/yr) # 9 - - - - 1 10
vol $23M $23M
  27

Most Recent M&A

Company Date Value Type
DEX Imaging, Inc. 2024-04-23 - Divestiture
Tampa, Florida · www.deximaging.com
DEX Imaging, Inc. 2019-02-11 - Add-on Acquisition
Tampa, Florida · www.deximaging.com
Essendant, Inc. 2019-01-31 - Divestiture
Deerfield, Illinois · www.essendant.com
Essendant, Inc. 2018-09-14 996M USD Add-on Acquisition
Deerfield, Illinois · www.essendant.com
HiTouch Business Services LLC 2018-06-26 - Add-on Acquisition
Saddle Brook, New Jersey · www.hitouchservices.com
SchoolKidz, Inc. 2018-03-16 - Divestiture
Woodridge, Illinois · www.schoolkidz.com
Winc Australia Pty 2017-03-13 - Divestiture
Mascot, Australia · www.winc.com.au
Staples Solutions B.V. 2016-12-07 - Divestiture
Amsterdam, Netherlands · www.staples.eu
Staples UK Ltd. 2016-11-17 - Divestiture
High Wycombe, United Kingdom · www.staples.co.uk
Staples Print Solutions 2016-04-18 - Divestiture
Framingham, Massachusetts · www.stapleseasyprint.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Retail 5 (29%) 4.6B (82%) 4 (40%) 23M (100%)
Distribution 5 (29%) 996M (18%) 2 (20%) -
Software 2 (12%) - - -
Information Technology 1 (6%) - 1 (10%) -
E-Commerce - - 2 (20%) -
Business Services 1 (6%) - - -
Consumer Products 1 (6%) - - -
Internet Software and Services 1 (6%) - - -
Marketing 1 (6%) - - -
Technology Hardware - - 1 (10%) -
Total 17 $5.6B 10 $23M

By Geo

State/Country Buy Value Sell Value
United States 14 2.1B 6 23M
  Massachusetts 3 - 2 -
  Illinois 2 1.7B 2 -
  Florida 1 - 1 -
  New Jersey 1 - - -
  Minnesota 1 385M - -
  California 1 - - -
  Tennessee 1 - - -
  Ohio 1 - - -
  North Carolina 1 - - -
  New York 1 - - -
Netherlands 1 3.5B 2 -
Canada 2 - - -
  Ontario 1 - - -
  British Columbia 1 - - -
Australia - - 1 -
United Kingdom - - 1 -
Domestic 14 (82%) 2.1B (37%) 6 (60%) 23M (100%)
Cross-border 3 (18%) 3.5B (63%) 4 (40%) -
Total 17 $5.6B 10 $23M

Top M&A Advisors

Financial Deals
Barclays Investment Bank
2
Morgan Stanley
2
Legal Deals
Clifford Chance
1
Corrs Chambers Westgarth
1
Kirkland & Ellis
1

Deal Values

buy # Total
> $1B 1 $3.5B
$100M to $1B 3 $2.1B
TOTAL $5.6B
Largest Corporate Express N.V.
$3.5B (2008-06-11)
sell # Total
< $100M 1 $23M
TOTAL $23M
Largest Staples - Wholesale Business
$23M (2016-02-16)

M&A Connections

Deals
Acquired from
Investor(s)
18%
3 (18%)
Strategic(s)
6%
1 (6%)
Divested to
Investor(s)
70%
7 (70%)
Strategic(s)
30%
3 (30%)

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