Getronics completes acquisition of Pomeroy creating a Billion dollar plus leading global IT services platform

Next Post
Previous Post

With this strategic acquisition, Getronics establishes itself as a leading Information & Communication Technology (ICT)  service provider on a global scale, with a broadened services offering and capabilities to provide an exceptional customer experience. Getronics is owned by Bottega InvestCo S.à r.l., whose founder and majority shareholder is the Brazilian/American entrepreneur Nana Baffour, Chairman and Group CEO of Getronics.

London UK & Amsterdam, Netherlands – 12th July 2018 – Getronics has acquired Pomeroy, one of the leading U.S. providers of digital workplace transformation services. The newly expanded company, with combined revenue of approximately $1.3 billion, will be a leading global player in the field of Managed Digital Workspace, Applications, Industry Specific Software Solutions, Multi-Cloud Management and Unified Communications. With a presence in 23 countries and coverage in over 110 countries through the Global Workspace Alliance, Getronics will continue to build local customer relationships and provide local solutions, backed by the strength of  a global service delivery organization.

Getronics, the leading European provider of digital transformation solutions with a rich history that extends over 130 years, is expanding its capabilities  with Pomeroy’s resources and leading expertise in digital workplace transformation, infrastructure optimization, network and data center services. With locations coast to coast in the United States serving campus and distributed IT environments in retail, healthcare, financial institutions, services and manufacturing, the acquisition of Pomeroy enables Getronics to expand its global services capabilities focused on business transformation to the North American market.

“We are very pleased with the successful acquisition of Pomeroy. Our combined revenues now reach  $1.3 billion,  achieving our goal of becoming a billion-dollar  company two years earlier than originally planned,” stated Nana Baffour, Chairman and Group CEO of Getronics. “This reflects the power of our dreams and the dedicated execution of our team and financial partners, and we are excited about the value and customer experience that the new combination will allow us to deliver. Our operations are now significantly strengthened globally, extending from Brazil to Singapore and from Spain to the U.S. and Canada, with over 2,800 active clients, served by approximately 9,000 employees. With this scale, we are poised to succeed in our ambition to be the preferred partner for our customers in enabling business transformation using the latest technology.”

This is an outstanding combination and an incredibly exciting event for our clients as well,” said Brian Robinson, current CEO of Pomeroy and Global CFO of the newly combined company. “Getronics’ global service delivery capabilities and service offerings will be a compelling added value for North American clients. We  look forward to introducing Getronics’ Applications, Cloud and Unified Communications solutions to further enable our clients to transform their businesses utilizing the latest digital tools as part of the workspace of tomorrow.”

The acquisition of Pomeroy was supported by a USD815 million financing and recapitalization transaction.  CPPIB Credit Investments Inc., a wholly owned subsidiary of Canada Pension Plan Investment Board, Permira Debt Managers and White Oak Global Advisors, LLC led a USD550 million first lien senior tranche of the financing.

About Getronics:

Getronics is a global ICT integrator with an extensive history that extends over 130 years and is owned by Bottega InvestCo S.à r.l.

Our vision is to become the preferred partner in business transformation using technology and exceptional people, with a unique focus on happy clients by enabling happy employees. With nearly 9,000 employees in 23 countries across Europe, Asia Pacific, North and Latin America, Getronics’ Transformation portfolio brings a strong capability and expertise around Managed Workspace, Applications, Industry Specific Software Solutions, Multi-Cloud Management, Unified Communications and Security services to provide a proactive, end-to-end portfolio to enable the digital user – business or consumer, in both public and private sector.

Getronics is the leading member in the Global Workspace Alliance, a unique model that provides customers with consistent IT services across 110 countries, with one single point of contact and billing entity. The GWA manages 10m workspace assets globally.

About Pomeroy:

Pomeroy provides high quality IT infrastructure services from its locations throughout North America, Latin America, Europe, and Asia.

Pomeroy’s portfolio of infrastructure managed services includes Workplace Services, Network Services, Data Center Services, and Cloud Services along with staffing services and the full range of procurement and logistics services. The industry’s foremost expert in Optimized Workplace Services, Pomeroy is industry recognized for Managed Workspace Services. Pomeroy also received the Americas VMware Partner Innovation Award in the Digital Workspace category in 2017. Committed to first-rate service and customer satisfaction, Pomeroy fulfills your business needs with the tools and know-how to build and sustain flexible IT environments.