Predict your next investment

Corporation
cmsdistribution.com

See what CB Insights has to offer

Partners & Customers

10

About CMS Distribution

CMS Distribution is a specialist distributor supplying business and consumer technologies. The company is strictly trade-only, selling to B2B and B2C partners, servicing corporate resellers, managed service providers, high street and online retailers. These range from large multi-nationals to smaller, independent IT companies. CMS Distribution helps IT vendors and channel partners grow their business, by taking emerging technologies to market whilst developing established brands using a range of value added services.

CMS Distribution Headquarter Location

15 Worship Street

London, England, EC2A 2DT,

United Kingdom

+44 20 8960 6000

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest CMS Distribution News

Mayo-based CMS Distribution targets London Stock Exchange IPO for 2022

Jun 14, 2020

CMS Distribution, the Mayo-based specialist distributor which supplies business and consumer technologies to customers, is planning an Initial Public Offering (IPO), as early as 2022. Frank Salmon, the founder and majority shareholder in the firm, said the flotation would most likely take place on the London Stock Exchange although given the current pandemic and Brexit disruption, he could push it back to 2023 if required. He added that it was too early to say how much of the business he would be prepared to sell through the IPO although any funding would be used to expand the business. "We continue to review all strategic options for the sustainable growth of the business for all CMS stakeholders, this includes the option and our ambition to IPO the business," he said. "This would help us to fund future growth and unlock some value for our longstanding shareholders and key staff members and fund future expansion in the UK, Europe, US and Asia Pacific." Salmon bought CMS in the late 1980s and transformed it into a distribution firm with a client base involving 3,000 resellers and retail partners worldwide. He owns 80pc of the firm while staff have 12pc of the shares and the remainder is owned by original shareholders. For the year end March 2019, Storit, the CMS parent firm, reported sales of £453m and EBITDA of £19.7m. While CMS is a frontline firm, selling into the NHS in the UK and the HSE here, it has taken a hit due to the coronavirus. "We have seen a 50pc drop in sales in some aspects of the business but this has been offset somewhat, in hikes in other parts," said Salmon. "For example, we distributed 4,000 drones in the last four weeks and sales of fitbits are also up because people were in lockdown. Sales of home-working goods are also up." Sunday Indo Business

CMS Distribution Acquisitions

3 Acquisitions

CMS Distribution acquired 3 companies. Their latest acquisition was Sysob on March 04, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

3/4/2021

Acq - Fin

Acquired

1

10/11/2019

Subscribe to see more

$99M

Subscribe to see more

10

12/7/2016

Subscribe to see more

$99M

Subscribe to see more

10

Date

3/4/2021

10/11/2019

12/7/2016

Investment Stage

Acq - Fin

Companies

Subscribe to see more

Subscribe to see more

Valuation

Total Funding

$99M

$99M

Note

Acquired

Subscribe to see more

Subscribe to see more

Sources

1

10

10

CMS Distribution Partners & Customers

10 Partners and customers

CMS Distribution has 10 strategic partners and customers. CMS Distribution recently partnered with Scality on January 1, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

1/13/2021

Supplier

Scality

United States

Press Release: CMS Distribution Announces New Storage Partnership with Scality - CMS Distribution

The partnership expands CMS Distribution 's storage portfolio and strengthens Scality 's presence in the UK and Ireland .

1

11/16/2020

Licensor

Skurio

United Kingdom

CMS Distribution announces new cybersecurity partnership with Skurio - CMS Distribution

CMS Distribution ' Chief Business Officer , Huw Jones added , `` We are delighted to announce this partnership with Skurio .

1

11/9/2020

Supplier

CrowdStrike

United States

Press Release: CMS Distribution announces deal with CrowdStrike to become Irish distributor - CMS Distribution

This partnership will strengthen CMS Distribution 's cybersecurity portfolio and expand CrowdStrike Inc. 's presence and reach in the Irish market .

1

8/5/2020

Supplier

Subscribe to see more

Subscribe to see more

Subscribe to see more

10

4/24/2020

Partner

Subscribe to see more

Subscribe to see more

Subscribe to see more

10

Date

1/13/2021

11/16/2020

11/9/2020

8/5/2020

4/24/2020

Type

Supplier

Licensor

Supplier

Supplier

Partner

Business Partner

Scality

Skurio

CrowdStrike

Country

United States

United Kingdom

United States

Subscribe to see more

Subscribe to see more

News Snippet

Press Release: CMS Distribution Announces New Storage Partnership with Scality - CMS Distribution

The partnership expands CMS Distribution 's storage portfolio and strengthens Scality 's presence in the UK and Ireland .

CMS Distribution announces new cybersecurity partnership with Skurio - CMS Distribution

CMS Distribution ' Chief Business Officer , Huw Jones added , `` We are delighted to announce this partnership with Skurio .

Press Release: CMS Distribution announces deal with CrowdStrike to become Irish distributor - CMS Distribution

This partnership will strengthen CMS Distribution 's cybersecurity portfolio and expand CrowdStrike Inc. 's presence and reach in the Irish market .

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

1

1

10

10

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.