Insight Enterprises, Inc. completed the acquisition of Info Center, Inc. for approximately $370 million.
May 30, 2024
Share
Insight Enterprises, Inc. (NasdaqGS:NSIT) acquired Info Center, Inc. for approximately $370 million on May 1, 2024. Insight acquired Info Center for a preliminary cash purchase price, net of cash and cash equivalents acquired, of approximately $265 million. The purchase price also includes earn out payments, which provide an incentive opportunity for the sellers of up to $106.25 million based on InfoCenter achieving certain EBITDA performance through April 2026.
Insight Enterprises, Inc. (NasdaqGS:NSIT) completed the acquisition of Info Center, Inc. on May 1, 2024.
Insight Enterprises, Inc. is a technology company. The Company provides end-to-end digital transformation through a portfolio of solutions. It operates through three geographical segments: North America, Europe, Middle East, and Africa (EMEA), and Asia-Pacific (APAC). Its offerings in North America and certain countries in EMEA and APAC include hardware, software, and services, including cloud solutions. Its offerings in the remainder of its EMEA and APAC segments consist of software and certain software-related services, and cloud solutions. Its service offerings include software maintenance, vendor direct support services contracts, cloud / software-as-a-service offerings, insight delivered services, time and materials services contracts, fixed service contracts, one-call support service contracts, and third-party provided services. Its software maintenance agreements provide clients with the right to obtain any software upgrades, bug fixes and help desks and other support services.