M&A Deal Summary

Evernex Acquires XSi

On September 21, 2022, Evernex acquired information technology company XSi

Acquisition Highlights
  • This is Evernex’s 3rd transaction in the Information Technology sector.
  • This is Evernex’s 2nd transaction in the United States.
  • This is Evernex’s 1st transaction in Georgia.

M&A Deal Summary
Date 2022-09-21
Target XSi
Sector Information Technology
Buyer(s) Evernex
Deal Type Add-on Acquisition

Target

XSi

Alpharetta, Georgia, United States
XSi helps companies with their IT Lifecycle Services and Support. Services begin with the installation of new technology as well as de-installation, moving, consolidating, onsite disk wiping & destruction, and IT Asset Disposition (ITAD) of legacy equipment, including resale or recycling. In addition, the company provides lower-cost, Third Party Hardware Maintenance for installed models and extends the life of legacy, enterprise-brand servers, storage, network hardware, and other devices, including UPS systems and supercomputers. It sells to federal agencies, System Integrators, Global 2000 Enterprises, OEMs, distributors, channel clients, and partners. XSi was formed in 1990 and is based in Alpharetta, Georgia.

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Buyer(S) 1

Buyer

Evernex

Paris, France
Category Company
Founded 1983
Sector Information Technology
Employees250
Revenue 87M EUR (2014)
DESCRIPTION

Evernex provides maintenance of global IT infrastructure and offers a comprehensive range of services from maintenance to Spare as a Service – SpaaS ™, as well as additional services such as recycling, secure data disposal, data center removal, and relocation, library repair, IT hardware rental, and financial solutions. Evernex was founded in 1983 and is based in Paris, France.

DEAL STATS #
Overall 3 of 6
Sector (Information Technology) 3 of 5
Type (Add-on Acquisition) 3 of 6
State (Georgia) 1 of 1
Country (United States) 2 of 2
Year (2022) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-02 Emcon-IT

Brick, New Jersey, United States

Emcon-IT is a third-party maintenance provider that specializes in the support of data centre infrastructure serves a wide variety of enterprise-grade clients across the US and internationally, including Fortune 10 to 500, public, government, and state organizations. Emcon-IT was founded in 2007 and is based in Brick, New Jersey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-06 Integra

Uithoorn, Netherlands

Integra VMS (Multi-Vendor Services) is a provider of data-center maintenance services mainly for small to medium-sized businesses and business partners. The company enables its clients to reduce costs and complexity while increasing availability, efficiency, and performance in small IT facilities as well as enterprise datacenters. Its service portfolio includes Oracle (SUN Storagetek), HP, EMC, Dell, Equallogic, NetApp, IBM, and Cisco. Integra was formed in 2010 and is based in Uithoorn, Netherlands.

Buy -
Mergr

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