Getronics acquire Pomeroy, combining revenue of over $1BN

The partnership will see Getronics expand their workplace transformation services into the North American market, as well as expanding their expertise in infrastructure optimisation, network and data centre services.

The acquisition of Pomeroy was aided by a $815 million financing and recapitalisation transaction.

Chairman and CEO of the 131-year-old firm Getronic, Nana Baffour, said that the new collaboration marks the completion of a goal to become “a billion-dollar company two years earlier than originally planned”.

The aim for a $1 billion turnover by 2020 was made earlier this year along with the appointment of Rogier Bronsgeest as COO back in May.

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“This reflects the power of our dreams and the dedicated execution of our team and financial partners, and we are excited about the value and customer experience that the new combination will allow us to deliver,” Baffour added.

“Our operations are now significantly strengthened globally, extending from Brazil to Singapore and from Spain to the U.S. and Canada, with over 2,800 active clients, served by approximately 9,000 employees.”

“With this scale, we are poised to succeed in our ambition to be the preferred partner for our customers in enabling business transformation using the latest technology.”

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Pomeroy CEO Brian Robinson, meanwhile, described the partnership as “an outstanding combination and an incredibly exciting event for our clients as well”.

“Getronics’ global service delivery capabilities and service offerings will be a compelling added value for North American clients.”

“We look forward to introducing Getronics’ Applications, Cloud and Unified Communications solutions to further enable our clients to transform their businesses utilizing the latest digital tools as part of the workspace of tomorrow.”