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  6. ScanSource Acquires POS Portal

M&A Deal Summary

ScanSource Acquires POS Portal

On June 29, 2017, ScanSource acquired distribution company POS Portal for 145M USD

Acquisition Highlights
  • This is ScanSource’s 8th transaction in the Distribution sector.
  • This is ScanSource’s largest (disclosed) transaction.
  • This is ScanSource’s 7th transaction in the United States.
  • This is ScanSource’s 2nd transaction in California.

M&A Deal Summary
Date 2017-06-29
Target POS Portal
Sector Distribution
Buyer(s) ScanSource
Deal Type Add-on Acquisition
Deal Value 145M USD

Target

POS Portal

Sacramento, California, United States
POS Portal, Inc. is a distributor of credit card terminals and supplies, POS Portal is pioneering the way in logistics and distribution for secure payment devices. Having one of the most extensive libraries of injection keys and over 15 years of strategic relationships with gateways, processors, and terminal OEMs, POS Portal has the resources needed to always deliver secure devices preconfigured just the way our partners need them. With two Key Injection Facilities (KIF), POS Portal deploys devices to businesses nationwide.

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Buyer(S) 1

Buyer

ScanSource

Greenville, South Carolina, United States
Category Company
Founded 1992
Sector Distribution
Employees2,300
Revenue 3.3B USD (2024)
DESCRIPTION
Entrance to ScanSource's corporate headquarters in Greenville, South Carolina.
Entrance to ScanSource's corporate headquarters in Greenville, South Carolina.

ScanSource is an international wholesale distributor of specialty technology products. ScanSource was founded in 1992 and is based in Greenville, South Carolina.

DEAL STATS #
Overall 11 of 13
Sector: Distribution M&A 8 of 8
Type: Add-on Acquisition M&A Deals 9 of 11
State: California M&A 2 of 2
Country: United States M&A 7 of 9
Year: 2017 M&A 2 of 2
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-10 Kingcom - Channel Business

Beaverton, Oregon, United States

Kingcom - Channel Business is a provider of communication solutions.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-21 Canpango

Milwaukee, Wisconsin, United States

Canpango LLC is a provider of professional services for companies across the globe, including Salesforce solution configuration and implementation, business process consulting, training and education, application development, data migration and reporting. Canpango has approximately 70 employees and is headquartered in Milwaukee, WI, with offices in Chicago, New York, London and Port Elizabeth, South Africa. Matt Lautz.

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