Computacenter Buys US Firm Business IT Source

The American company reported revenue in 2021 of approximately $245 million (£207 million) with EBIT of about $8.9 million (£7.5 million).

Computacenter has got its mitts on some handy bits and pieces with the acquisition of US-based value-added reseller Business IT Source (BITS).

Financial details about the deal were not disclosed. BITS employs around 100 people and has a HQ and Integration Centre in Buffalo Grove, Illinois, about 45 minutes from downtown Chicago (if precise geography is something that gets you excited).

According to Hertfordshire-based Computacenter, the American firm reported revenue in 2021 of approximately $245 million (£207 million) with EBIT of about $8.9 million (£7.5 million).

BITS provides corporate customers with IT products and services customised to their specifications. Its website lists some notable customers – such as Apple, Cisco, Dell, HP, Lenovo, Microsoft and VMware.

The existing BITS leadership team will stay to run the business as a separate operating unit within Computacenter United States. The business and the team will be fully integrated into Computacenter’s North American operations over time.

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Mike Norris, Computacenter Group CEO, explains: “BITS gives us a much stronger presence in the Midwest of the US and brings some great people, customers and leadership to our business. The Buffalo Grove Integration Center will allow us to serve more of our Midwest regional customers locally over time, helping us to meet our sustainability goals.”

Away from magical moments in the Midwest, Computacenter has been busy of late.

This month it launched a new digital innovation hub at Kidderminster Hospital and Treatment Centre. The hub will offer healthcare professionals the opportunity to work with emerging technologies.

It also expanded its Integration Centre capacity in Kerpen, Germany by a further 20,000 square metres. The facility will also receive investment in automation and technical services configuration space.

In terms of Computacenter’s financial results in 2021, the data (released in March 2022) saw the group’s total revenues grow by 23.6% during the year. Adjusted profit before tax was 31.5% in constant currency during the year and stood at £255.6 million.

Antony Peyton
Antony Peyton
Antony Peyton is the Editor of eWeek UK. He has 18 years' journalism and writing experience. His career has taken him to China, Japan and the UK - covering tech, fintech and business. Follow on Twitter @TonyFintech.
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