Search
Homepage Rankings and Research Companies Channelcast Marketing Matters CRNtv Events Acronis #CyberFit Summit 2021 Avaya Newsroom Experiences That Matter Cisco Partner Summit Digital 2020 Intel Partner Connect 2021

4 Key Takeaways From Office Depot’s Sale Of CompuCom

2022 is only a couple days old, but the IT business is already showing signs of a wild ride. Following is more about the transaction and what it may mean as the MSP industry is in the middle of a widespread move to consolidate.

1   2   3   ... 5 Next

Sale Of CompuCom Part Of A Larger Dance Between ODP And Staples  

ODP, the parent company of Office Depot, very quietly unveiled the sale of its CompuCom business with an announcement late in the day on New Year’s Eve. Despite the timing of the news, it foreshadows major longer-term changes in the IT and office supply industries.

The sale of CompuCom had been expected for a year starting with Staples’ January 2021 bid to acquire Office Depot. Staples said it was interested only in the retail part of Office Depot, which seems to have set in motion a series of moves by ODP including the CompuCom sale, which would rid the company of an MSP and systems integration business, and a split of the rest of the business into separate retail and B2B operations.

Looking into 2022, it is easy to imagine that Variant Equity Advisors could leverage CompuCom as a platform for further consolidating the MSP industry, as several other private equity companies have been doing recently.

In addition, Staples could acquire the Office Depot retail side of the business, further consolidating the office supply and business services industries.

2022 is only a couple of days old, but the IT business is already showing signs of a wild ride. Following is more about the transaction and what it may mean.

 
 
1   2   3   ... 5 Next

sponsored resources