decor decor
"With the new day comes new strength and new thoughts."

-Eleanor Roosevelt

DXC Technology Expands Microsoft Footprint with Acquisition of eBECS

martinwolf Transaction Analysis
Financial Information
  • Transaction Value: N/A
Transaction Facts
  • DXC Technology (NYSE: DXC) announced today its acquisitions of Sable37, a leading Microsoft Dynamics 365 VAR, and eBECS, a Microsoft Gold Partner.
  • Starting from this month, Sable37 and eBECS will be combined with DXC’s Eclipse division.
Expanding Footprint with M&A
  • Microsoft Marketplace: DXC Eclipse is one of the largest independent Microsoft Dynamics systems integrators in the world, and the acquisitions will serve to strengthen its position as a global independent SI for Microsoft Dynamics 365. The combination of DXC Eclipse with Sable37 and eBECS will enable DXC to significantly expand its Dynamics 365 cloud capabilities across the U.K., Australia, New Zealand, India, UAE, Saudi Arabia, the U.S. and Canada.
  • Grand Scale: DXC Technology, formed last April by the combination of CSC and the Enterprise Services business of HPE, has expanded its footprint as a global end-to-end IT services giant. The company has 6,000 clients and 170,000 employees around the world with annual sales of around $26B. As part of its strategy to remain competitive in high-value services, DXC has been concentrating on making investments in companies centered around the full Microsoft business solutions stack with its strategic acquisitions. Acquiring Tribridge and Logicalis SMC last year, DXC also announced its acquisition of Australian Oracle partner M-Power Solutions.
  • Reaping Benefits: In what appears to be a rather unusual move, eBECS took on investment from DXC’s predecessor CSC (martinwolf advised CSC on the transaction) in November 2016. Less than two years later, both DXC and eBECS are in a seemingly strong position to reap benefits from this transaction.
  • Spinning Out: DXC has a busy year ahead as it integrates new acquisitions and deals. In May, the company is anticipating the closure of its three-way blockbuster deal that merges its U.S. public sector business with Vencore and KeyPoint Government Solutions (Vencore and Keypoint are both owned by private equity group Veritas Capital). The deal will create a new publicly-traded contractor with about $4.3B in annual revenue.
For more information about this transaction, click here to read the press release.
 
martinwolf was not the advisor in this transaction.
previous post Back to Articles next post

13 May 2021

NWN Corp. Acquires Carousel Industries

Financial Information ($USD) Not Disclosed Transaction Details NWN Corporation, a leading Cloud Communications Service Provider (CCSP), announced yesterday that it will acquire fellow solutions provider Carousel Industries. Financial terms of the deal were not disclosed. New State Capital Partners, majority stakeholder of NWN since 2015, is backing the transaction which will form a combined company...

13 May 2021

Softchoice Files for IPO

Announcement Details Softchoice Corporation, a leading technology solutions provider in North America, announced yesterday that it has filed a preliminary prospectus for an initial public offering. Softchoice’s common shares will be traded on the Toronto Stock Exchange, although the number of shares and price have not yet been disclosed. Before Toronto-based Softchoice was taken private in...

15 Apr 2021

KKR to Acquire Ensono in $1.7 Billion Deal

Financial Information ($USD) Enterprise Value:    $1.7 Billion Transaction Details Global investment firm KKR & Co, Inc. (NYSE: KKR) is acquiring leading hybrid IT services provider Ensono from private equity firms Charlesbank Capital Partners and M/C Partners. While financials have not been disclosed, the transaction is valued at $1.7 billion inclusive of debt, according to Reuters....