'Once-neglected' IT services firm Getronics sold for €220m

Doug Woodburn
clock
Neglect: AURELIUS claims it has a track-record of bolstering unloved firms
Image:

Neglect: AURELIUS claims it has a track-record of bolstering unloved firms

AURELIUS claims workspace management specialist Getronics enjoyed substantial growth during its five years in charge, as it offloads it to US-Brazilian entrepreneur

IT services firm Getronics has been sold to a US-Brazilian entrepreneur for €220m (£194.4m), with current owner AURELIUS holding up the deal as proof of its ability to breathe new life into "once-neglected...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

More on Finance and M&A

Atos to acquire Microsoft Azure partner Cloudreach to boost multi-cloud services capability

Atos to acquire Microsoft Azure partner Cloudreach to boost multi-cloud services capability

The French partner’s CEO said the buy will bolster its position as a ‘multi-cloud powerhouse’ in Europe

Kelsey Rees
clock 08 December 2021 • 2 min read
Mimecast goes private in $5.8bn Permira deal

Mimecast goes private in $5.8bn Permira deal

Nasdaq-listed email security vendor enters ‘new chapter’ through private equity deal

Josh Budd
clock 07 December 2021 • 2 min read
PE-backed Onecom acquires Russell Telecom

PE-backed Onecom acquires Russell Telecom

Deal marks fourth M&A move this year following acquisitions of Olive Communications, 9 Group and IP Office

Josh Budd
clock 07 December 2021 • 1 min read