(Sharecast News) - Computacenter said on Thursday that it has bought Government Acquisitions (GAI), a value-added reseller focused on the US federal government market, for up to $92m (£68.6m).
Headquartered in Cincinnati, Ohio, GAI is an IT solutions partner for federal agencies and employs approximately 90 people. In 2025, it reported gross invoiced income of around $390m and adjusted EBITDA of approximately $8m.
The deal - which is expected to close on 1 June - will be immediately earnings accretive, Computacenter said.
Chief executive Mike Norris said: "We are proud of the relationships we have built with public sector customers across Europe and Canada and are delighted to have the opportunity to bring one of the leading US federal government VARs into Computacenter.
"GAI provides us with access to a new market for growth in the United States, diversifies our business and leverages our growing capabilities and infrastructure."
The existing GAI leadership will remain in their roles to run the business which will operate as a specialist federal government focused unit and part of Computacenter's North American operations.
At 0915 BST, the shares were up 2.6% at 4,326p.
Jefferies, which rates the stock at 'buy' with a 4,400p price target, said: "This is a strategically sensible deal which is close to core competencies for CCC and helps diversify revenue streams and growth levers beyond 2026. Computacenter remains one of our preferred names in the sector."
See latest RNS on Investegate


(Sharecast News) - Shares of BT Group slumped on Thursday following a report the UK government would oppose any attempt from Indian billionaire Sunil ...


(Sharecast News) - Fattal Hotel Group said on Thursday that it has submitted a non‑binding proposal to acquire the remaining shares of PPHE Hote...


(Sharecast News) - Aquis-listed Cooks Coffee Company - the owner of the Esquires coffee chain - reported a rise in full-year sales and earnings on Thu...