News Room
News Room
The following is a compilation of press releases and articles that our team has influenced.
28 Jan 2021
martinwolf Acquires IT ExchangeNet
A note from martinwolf Founder Marty Wolf I’m very pleased to announce today a different kind of transaction: martinwolf has acquired IT ExchangeNet (ITX)! This combination creates a globally recognized provider of M&A advisory services for transactions spanning $5 to 500 million, with both companies each having more than 20 years of experience in the IT midmarket...
13 Jan 2021
martinwolf Celebrates 24 Years
Dear Clients, Partners, and Friends of martinwolf M&A Advisors, In 1997, gas was $1.22 a gallon in the US, Great Britain handed Hong Kong back to China, and the Dow was at less than 8,000. For me, on this date in 1997 I founded this firm. Almost a quarter century later — and after 180+ transactions,...
11 Jan 2021
Staples Announces Offer to Buy Office Depot
*Financial Information ($USD) Enterprise Value: $2.1 Billion EV/LTM Revenue: 0.22x EV/LTM EBITDA: 3.76x Transaction Update Staples announced today that it sent the board of directors for Office Depot (Nasdaq: ODP) a proposal to acquire “100% of the issued and outstanding common stock,” a transaction that it expected...
07 Jan 2021
Atos SE Confirms Unsolicited Bid for DXC
Financial Information Not Disclosed Transaction Update French IT Services company Atos SE (XPAR:ATO) confirmed Thursday that it had made a bid to acquire US IT Services giant DXC (NYSE:DXC) Wednesday night. Valuation of the offer was not disclosed, but the offer was reported to be more than $10 billion including debt (DXC’s debt rose to...
31 Dec 2020
Happy Holidays – The 2020 martinwolf Annual Letter
To Clients, Partners, and Friends of martinwolf M&A Advisors! Happy Holidays and wishing you a wonderful New Year as we look ahead into a new...
09 Dec 2020
Platinum Equity to Acquire Ingram Micro
*Financial Information ($USD) Enterprise Value: $7.2 Billion EV/FY19 Revenue: 0.15x Transaction Update Platinum Equity announced today that it entered into a definitive agreement to acquire Ingram Micro from current owner HNA Group in what is the largest asset disposal by a Chinese company to a non-Chinese buyer this year. Ingram...
03 Dec 2020
Riverside Partners Completes Merger of Convergence Networks and Grade A
Riverside Partners announced today the merger of IT managed services providers Convergence Networks and Grade A, who were together advised on the sell side by martinwolf’s LMM Group.
10 Nov 2020
Trace3 Acquires Groupware Technology
Financial Information Not Disclosed Transaction Update HIG Capital-owned solution provider Trace3 announced today that it had acquired fellow California-based solution provider Groupware Technology Both companies are recognized as major technology providers and routinely appear on industry listings — Trace3 is No. 39 on the 2020 CRN Solution Provider 500 list while Groupware is No. 83...
03 Nov 2020
Computacenter plc Completes Pivot Technology Solutions Acquisition
*Financial Information ($USD) Enterprise Value: $196.4 Million EV/REV: 0.18x EV/EBITDA: 8.51x Transaction Update Computacenter plc announced this week that had completed its acquisition of Pivot Technology Solutions (originally announced Sept. 9) Pivot’s shares are planned to be delisted from the Toronto Stock Exchange at...