M&A Deal Summary

Variant Equity Acquires CompuCom

On December 31, 2021, private equity firm Variant Equity acquired information technology company CompuCom from Office Depot

Acquisition Highlights
  • This is Variant Equity’s 1st transaction in the Information Technology sector.
  • This is Variant Equity’s 3rd transaction in the United States.
  • This is Variant Equity’s 1st transaction in South Carolina.

M&A Deal Summary
Date 2021-12-31
Target CompuCom
Sector Information Technology
Buyer(s) Variant Equity
Sellers(s) Office Depot
Deal Type Divestiture

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.

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Buyer(S) 1

Buyer

Variant Equity

Investor

Category Private Equity Firm
Founded 2017
Size Small
Type Sector Agnostic
DESCRIPTION

Variant Equity is a private equity firm focused on acquiring corporate divestitures, private equity owned companies, and businesses facing succession challenges. Variant is industry agnostic and will consider opportunities throughout North America with at least $75 million in revenue. Variant Equity was formed in 2017 and is headquartered in Los Angeles, California.

DEAL STATS #
Overall 3 of 3
Sector (Information Technology) 1 of 1
Type (Divestiture) 3 of 3
State (South Carolina) 1 of 1
Country (United States) 3 of 3
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-23 Curb Mobility

Long Island City, New York, United States

Curb Mobility provides a comprehensive mobility platform that serves taxi and other for-hire ride operators, regulators, service providers, and riders. Curb Mobility was founded in 2007 and is based in Long Island City, New York.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-11 Coach USA

Paramus, New Jersey, United States

Coach USA is a provider of passenger transportation and mobility services including intercity bus, public transit, employee transportation, campus shuttle, and airport transportation services. Coach USA was founded in 1995 and is based in Paramus, New Jersey.

Sell -

Seller(S) 1

SELLER

Office Depot

Boca Raton, Florida, United States
Category Company
Founded 1986
Sector Retail
Employees20,000
Revenue 7.8B USD (2023)
DESCRIPTION
Entrance to Office Depot's corporate headquarters in Boca Raton, Florida.
Entrance to Office Depot's corporate headquarters in Boca Raton, Florida.

Office Depot is a retailer and provider of office products and services. ODP, operating through its direct and indirect subsidiaries, maintains a fully integrated B2B distribution platform of approximately 1,300 stores, an online presence, and thousands of dedicated sales and technical service professionals, all supported by its world-class supply chain facilities and delivery operations. Office Depot was founded in 1986 and is based in Boca Raton, Florida.

DEAL STATS #
Overall 3 of 3
Sector (Information Technology) 1 of 1
Type (Divestiture) 3 of 3
State (South Carolina) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-18 BuyerQuest

Cleveland, Ohio, United States

BuyerQuest, Inc. is a spend management software and services company, founded on the core belief that the enterprise procurement experience can and should be just as easy as an everyday B2C e-commerce shopping experience. BuyerQuest, Inc. was founded in 2011 and is based in Cleveland, Ohio.

Buy -
Mergr

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