Reuters - Thomas H. Lee Partners Buys CompuCom
IT outsourcing company CompuCom Systems Inc said Monday it is being bought by private equity firm Thomas H. Lee Partners, and a source close to the matter said the price tag will be $1.1 billion. Dallas, Texas based CompuCom had been owned by Court Square Capital Partners, a private equity firm that was spun out of Citigroup Inc in 2006. Platinum Equity had previously sold the technology services company to Court Square in 2007 for approximately $628 million. CompuCom, which provides a broad range of technology that help clients through deployment, management and retirement lifecycle of their IT assets, touts Fortune 100 and 500 businesses among its clients. It reported gross revenue of $2.3 billion in 2012, Reuters wrote.
9 April 2013•2 mins read
