Computacenter koopt voor ongeveer 68 miljoen euro het Amerikaanse Pivot Technology Services om zo sterker te worden in de Amerikaanse markt. Het in Canada gevestigde Pivot haalt 85 procent van zijn omzet uit de VS.
Computacenter heeft eerder zijn positie in de VS aanzienlijk versterkt door de overname van FusionStorm in 2018. De Amerikaanse tak van Computacenter zal worden geïntegreerd in Pivot. De omzet van Pivot in de VS bedroeg 1,2 miljard dollar in 2019. Computacenter haalde in het eerste halfjaar van 2020  een lichte omzetdaling van 2,8 procent die uitkwam op 994 miljoen euro. De winst steeg met 15,4 procent tot 40,5 miljoen euro. Prima

Computacenter wil met overname groeien in de VS

ChannelE2E
by Ty Trumbull • Oct 9, 2018
Computacenter has made its largest acquisition in nearly 15 years and a strong push into the US market with the acquisition of FusionStorm , the San Francisco-based IT solutions provider. Computacenter will pay an initial cash consideration of $70 million and as much as an additional $20 million in differed payments. ChannelE2E believes the deal’s valuation is roughly 7.4 times adjusted EBITDA. The buyer will also pay $45 million to refinance FusionStorm’s existing facilities. Computacenter stepped into the US market last year. The company says it will integrate its existing US business with FusionStorm, increasing its employee headcount in the Americas by 50 percent. The firm says it will now be able to offer a full range of services in the US consistent with its offerings in Europe, giving Computacenter a consistent approach with its international clients. FusionStorm has six offices stateside, a subsidiary in the Netherlands, and a branch in Beijing. The firm is a top Dell EMC partner as well as a Cisco Gold partner and an HPE Gold Partner. In a prepared statement, Computacenter CEO Mike Norris said:
“This transaction broadens our capability to serve our international customers and should enhance our existing customer offer and reach into the US marketplace whilst providing an opportunity to improve the long-term prospects for the employees of FusionStorm and Computacenter US.”
For the year ending 31 December 2017, FusionStorm reported a before tax profit of $3.9 million and a turnover of $595 million. Additional insights from Joe Panettieri. Related Content

Computacenter’s FusionStorm Buyout: Reasonable MSP Valuation

Computacenter has acquired US-based IT firm, FusionStorm. Founded in 1995, FusionStorm is headquartered in San Francisco. The company’s Sourcing and Professional Services offerings should nicely complement Computacenter’s existing Managed Services capabilities in the States, bringing the overall portfolio offering into line with geographies in Europe. Computacenter paid an initial cash consideration of $70m and will pay an additional $20m depending on profit levels. Computacenter’s US business will continue to be run by US CEO, Mike Keogh. In 2017, FusionStorm had revenue of $595.5m, and a profit before tax of $3.9m. For comparison, Computacenter revenues were up 8.8% to £1.5bn in 2017. Computacenter has not pursued a very aggressive acquisition strategy over the years, but just last month it made a purchase in the Netherlands (see Computacenter acquisition creates Netherlands base). We suspect this recent run of activity could be the result of work undertaken by Mo Siddiqi, Group Development Director, who re-joined Computacenter last year to look at developing the firm’s international capability - among other things (see Computacenter FY17: Returning to form ). We like what we are seeing here, with Computacenter making some relatively bold (but non-risky) moves to deepen its global offering. We see potential for the firm to take advantage of FusionStorm’s established market position and capabilities to drive more growth through the existing Computacenter business in the USA. - Read why Computacenter won the highly coveted TechMarketView Boring Award this summer: Computacenter gets a Boring Award!

Computacenter makes US acquisition for global consistency

Newbies to join CC staffers in the land of baseball
By Paul Kunert 1 Oct 2018 at 10:40
Computacenter has flipped on its head the old phrase about Americans being oversexed, overpaid and over here. Well the last bit of it anyway. The reseller has bought US dealer biz FusionStorm. The transaction will see London Stock Exchange-listed Computacenter , one of Europe’s largest resellers, spend an initial $70m in cash on FusionStorm. Headquartered in San Francisco, FusionStorm sells data centre kit and a bunch of related stuff including professional, cloud , integration, support and telecom services.It leads with products from HPE, Dell EMC and Cisco
Some 450 FusionStorm staff will join Computacenter, adding to the circa 650 people in existing already based in the reseller’s North America and Mexico business working on the help desk and in other support functions. “This transaction broadens our capability to serve our international customers and should enhance our existing customer offer and reach into the US marketplace,” said Computacenter group CEO Mike Norris . FusionStorm’s current CEO Dan Serpico is to pass control of the organisation to Computacenter’s US CEO Mike Keogh over the coming months, and is expected to leave the company by the close of Q2 2019. In the year ended 31 December 2017, FusionStorm turned over $595.5m in sales, and reported a pre-tax profit of $3.9m, including $5.2m in interest costs to its parent. The lion share of its top line pertained to product sales with just five per cent generated by services. As part of the agreement, Computacenter will also cough up to $20m in deferred cash, dependent on certain profit metrics being hit over the next 15 months. Computacenter will also inject $45m to refinance FusionStorm’s existing facilities. All of this will come from Computacenter’s cash reserves. The latest buy comes weeks after Computacenter took control Misco's Dutch organ . ®

Euro reseller giant Computacenter gobbles US-based FusionStorm

IT Consulting Company Expanding in Move to 10K SF on Seventh Avenue
By Nicholas Rizzi September 18, 2018 11:38 am
462 Seventh Avenue. Photo: CoStar Group
FusionStorm, an information technology consulting and cloud services company, plans to relocate its New York City offices to 462 Seventh Avenue , Commercial Observer has learned. The San Francisco-based company signed a 10-year deal for 10,013 square feet in Kaufman Organization ’s building between West 35th and West 36th Streets, a spokesman for the landlord said. FusionStorm will take over the entire 17th floor of the Garment District tower where asking rents were in the high-$50s per square foot. “FusionStorm represents the rising wave of Garment District tenants—those focused in industries such as technology rather than fashion and textiles—that we continue to attract to Kaufman’s Midtown properties,” Sam Stein, a vice president of leasing for Kaufman who handled the deal, said in a statement. “462 Seventh Avenue provides FusionStorm with convenient access to clients in the key industries it serves as well as a top-of-the-line technology infrastructure to effectively facilitate its innovative IT solutions.”
Kirill Azovtsev and Seth Hecht of JLL represented FusionStorm in the deal. “The combination of the newly upgraded pre-built standards and Kaufman’s hands-on approach made this building stand out from many others to our client,” Hecht said in a statement. FusionStorm will relocate from its about 6,000-square-foot digs at 14 Penn Plaza between Seventh and Eighth Avenue to Seventh Avenue in the first quarter of 2019. The firm was founded in 1995 and works with companies like VMware, Dell and Cisco. Other tenants in the 23-story Seventh Avenue building include telecom company Granite Telecommunications, MetroCard designer Cubic Transportation Systems and nonprofit Echoing Green. Keywords:

IT Consulting Company Expanding in Move to 10K SF on Seventh Avenue

Mirantis is an OpenStack company that delivers the software, services, training and support needed for running OpenStack. Mirantis has helped build and deploy OpenStack clouds at companies such as Cisco, WebEx, Comcast, Symantec, Ericsson, Expedia, Samsung, NASA, NTT Docomo, Workday, and PayPal.

Mirantis

MOUNTAIN VIEW , CA -- -LRB- Marketwired - Nov 23 , 2015 -RRB- - Mirantis , the pure-play OpenStack company , today announced FusionStorm as the latest Certified Rack Partner to offer Mirantis .

Mirantis and FusionStorm Partner to Deliver Turnkey OpenStack Appliances With Round-the-Clock Enterprise Support

NetApp (NASDAQ: NTAP) creates innovative storage and data management solutions that help accelerate business breakthroughs and deliver outstanding cost efficiency. Customers around the world choose the company for their "go beyond" approach and broad portfolio of solutions for cloud computing, flash storage, business applications, data storage for virtual servers, disk-to-disk backup, and more. NetApp solutions provide nonstop availability of critical business data and simplify business processes so customers can deploy new capabilities with confidence and get to revenue faster than ever before.

NetApp

`` We are pleased to expand our longstanding relationships with Cisco and NetApp and add advanced FlexPod solutions to our portfolio , '' said Tony Balistrieri , Vice President of Partner Strategy , FusionStorm .

FusionStorm Achieves FlexPod Premium Partner Standing.

Cisco provides networking solutions. The company is involved in designing, manufacturing, and selling Internet protocol (IP)-based networking products to the communication and information technology (IT) industry. Its major products include switches, routers, network access, IP telephony, optical networking, security, storage area networking, home networking, and wireless technology. The company provides these products and services for transporting data, voice, and video traffic across the internet, intranets, and extranets.

Cisco

San Francisco , CA -- March 29 -- FusionStorm -- `` IT Delivered '' -- a leading national provider of IT consulting , technology solutions and cloud/managed services , announced today that it is the recipient of a Cisco regional award for West Collaboration Partner of the Year .

Regional Collaboration Award follows National BreakAway Partner of the Year.
FusionStorm Wins West Region Collaboration Partner of the Year at Cisco Partner Summit 2011.

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FusionStorm is a national provider of IT products, professional services, support contract services and 24/7 managed services for enterprises of all sizes. The company aims to deliver solutions for system infrastructure, storage, networking, voice-over-IP, security, database, disaster recovery, managed hosting and remote managed services.

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