Getronics CEO: M&A started 'from day one' under new owner

Josh Budd
clock • 4 min read

Chief executive Mark Cook opens up on Getronics' new outlook after changing private equity hands

IT services firm Getronics started looking into overseas M&A opportunities "from day one" under its new investor Bottega InvestCo. Having spent the last five years under Germany-headquartered private equity house AURELIUS, Getronics was offloaded at the beginning of July to US-Brazilian investment consortium Bottega InvestCo for €220m. When the sale was announced, AURELIUS lauded Getronics' development in its five years with the investor, taking it from a €450m-turnover company with 2,9...

To continue reading this article...

Join Channel Partner Insight

  • Exclusive news, insight and analysis for the IT channel across the US and Europe
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with an exclusive members-only podcast
  • Breaking news stories delivered straight to your inbox daily

Join now

 

Already a member?

Log in

More on Solution Provider

Germany's CANCOM shrinks FY23 guidance after 'one-time' hit to earnings

Germany's CANCOM shrinks FY23 guidance after 'one-time' hit to earnings

The reseller also demoted expectations for its FY22 results

Kelsey Rees
clock 04 August 2023 • 2 min read
XChange Emea 2023

CRN welcomes channel leaders at inaugural XChange EMEA

This October in Amsterdam, CRN is excited to host some of the channel's best and brightest at its first ever Europe-wide event

clock 04 August 2023 • 1 min read
Germany's Bechtle expands in France to mark 110 acquisitions

Germany's Bechtle expands in France to mark 110 acquisitions

Apixit becomes Becthle’s 110th buy in its 40-year history

Andrea Gaini
clock 06 July 2023 • 2 min read