M&A Deal Summary

CompuCom Acquires GE IT Solutions

On March 8, 2005, CompuCom acquired information technology company GE IT Solutions from General Electric

Acquisition Highlights
  • This is CompuCom’s 1st transaction in the Information Technology sector.
  • This is CompuCom’s 1st transaction in the United States.
  • This is CompuCom’s 1st transaction in Kentucky.

M&A Deal Summary
Date 2005-03-08
Target GE IT Solutions
Sector Information Technology
Buyer(s) CompuCom
Sellers(s) General Electric
Deal Type Divestiture

Target

GE IT Solutions

Erlanger, Kentucky, United States
GE IT Solutions is a provider of IT infrastructure consulting, products and services to enterprise customers in North America.

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Buyer(S) 1

Buyer

CompuCom

Fort Mill, South Carolina, United States
Category Company
Founded 1987
Sector Information Technology
Revenue 1.5B USD (2013)
DESCRIPTION

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.

DEAL STATS #
Overall 1 of 3
Sector (Information Technology) 1 of 2
Type (Divestiture) 1 of 2
State (Kentucky) 1 of 1
Country (United States) 1 of 3
Year (2005) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-02 Vanguard Networks Solutions

Foxboro, Massachusetts, United States

Vanguard Networks Solutions provides broadband network access routers for businesses.

Buy -

Seller(S) 1

SELLER

General Electric

Boston, Massachusetts, United States
Category Company
Founded 1892
Sector Diversified
Employees205,000
Revenue 67.6B USD (2023)
DESCRIPTION

General Electric is a diversified technology and financial services corporation. Products and services range from aircraft engines, power generation, water processing, and household appliances to medical imaging, business and consumer financing and industrial products. General Electric was founded in 1892 and is based in Boston, Massachusetts.

DEAL STATS #
Overall 8 of 45
Sector (Information Technology) 2 of 2
Type (Divestiture) 7 of 38
State (Kentucky) 2 of 3
Country (United States) 7 of 35
Year (2005) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-11-24 Ionics

Burlington, Massachusetts, United States

Ionics, Inc. is a designer, installer of water and wastewater treatment systems for power utilities and other industrial customers.

Buy $1.1B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-08-25 Garanti

Istanbul, Turkey

Garanti is a financial services company that offers retail and commercial banking services. Garanti was founded in 1946 and is based in Istanbul, Turkey.

Buy -
Mergr

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