Computacenter boosts US and Indian operations with AgreeYa purchase

(Alliance News) - Computacenter PLC on Thursday announced the acquisition of AgreeYa Solutions Inc for an enterprise value of up to USD120 million.

Folsom, California-based AgreeYa Solutions is a technology solutions partner focused on the US enterprise market. It also has assets in India, through the AgreeYa India business.

AgreeYa is expected to report consolidated revenue in 2025 of USD120 million with adjusted earnings before interest, tax, depreciation and amortisation of USD14 million.

Hatfield, England-based technology services provider Computacenter said it will fund the deal, which is expected to be immediately earnings accretive, from existing cash resources.

The existing AgreeYa leadership will stay to run the business, which will be integrated into Computacenter's US and India operations.

The addition of AgreeYa to Computacenter North America is expected to increase Computacenter's annualised North American Professional Services revenue to over USD350 million.

"AgreeYa brings us more target market customers, which we always want from our acquisitions," said Computacenter Chief Executive Mike Norris.

Shares in Computacenter rose 3.2% to 3,183.50 pence in London on Thursday morning.

By Jeremy Cutler, Alliance News reporter

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