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CompuCom Adding On

CompuCom Systems Inc., a Dallas-based IT outsourcing company, has agreed to acquire the North American operations of Getronics. No financial terms were disclosed, except that the combined entity would have pro-forma 2007 revenue of around $2.1 billion.


Court Square Capital Partners, which last year acquired CompuCom from Platinum Equity for $504 million, is investing additional equity to help finance the transaction. In addition, AlpInvest is providing mezzanine funding in exchange for a minority ownership stake, while Getronics also will receive CompuCom shares. 



CompuCom Systems, Inc., a leading North American-based IT outsourcing company, today announced that it has entered into a definitive agreement to acquire the North American operations of Getronics, a global provider of IT services. The combined entity would have had pro-forma 2007 revenues of approximately $2.1 billion.

CompuCom is acquiring Getronics' activities in North America, consisting of the operations in the United States, the operations in Canada and the certified Global Service Centre in Mexico, for a combination of cash and equity issued by CompuCom. As a result of its receipt of CompuCom stock, Getronics will become a minority equity owner of CompuCom. AlpInvest Partners NV is providing mezzanine financing for the transaction and will be a minority equity investor going forward. Court Square Capital will be investing substantial additional equity into CompuCom to facilitate the transaction.

The combined entity will leverage the resources and extensive workspace management capabilities, including IT infrastructure management services, systems integration and consulting services of both the Getronics' North American operations and those of CompuCom.

CompuCom and Getronics also announced that they have agreed, upon consummation of the transaction, to enter into a global strategic partnership agreement whereby clients who wish CompuCom to deliver workspace management services outside of its core North America footprint can contract with CompuCom for a global delivery solution which utilizes the Getronics' NV service delivery network in Europe, Latin America and Asia. CompuCom will be the North American preferred provider for Getronics' NV clients looking for quality service delivery in North America.

The acquisition of Getronics North American businesses significantly expands our penetration into the Fortune 500 client base for workspace management IT Outsourcing services, said James Dixon, Chief Executive Officer of CompuCom. CompuCom has had significant historical success in integrating strategic acquisitions and we are excited about welcoming the Getronics associates to CompuCom and presenting the combined expertise to our clients and partners worldwide, added Dixon.

About CompuCom Systems, Inc.

CompuCom is a leading IT outsourcing company providing infrastructure management services, application services, systems integration and consulting services, as well as the procurement and management of hardware and software. With 20 years of IT experience, CompuCom employs more than 7,800 highly skilled associates who have earned a combined total of more than 44,000 industry certifications company-wide. As experts in workplace services, CompuCom's unique Integrated Infrastructure Management (IIM) solution reduces costs, increases productivity and helps clients gain maximum value from information. For more information, visit

About Getronics

With worldwide revenue of EUR 2.5 billion and about 20,000 employees, Getronics is a leading ICT service-provider in the world and the largest ICT service-provider in the Benelux. As expert in workspace management services, datacenter & hosting services and consultancy, Getronics enables people of large organizations to move forward by releasing the power of information. To do this, Getronics has a complete portfolio of integrated ICT services for the large enterprise market and works according to a Global Service Delivery Model ensuring that services are provided for clients throughout the world that are of consistent quality. Since 23 October 2007, Getronics is part of KPN, the main provider of telecommunication services in The Netherlands. For further information about Getronics, visit

About Court Square Capital Partners

Court Square Capital Partners was established as an independent private equity firm by the former members of Citigroup Venture Capital Equity Partners. Court Square is focused primarily on leveraged buyout transactions in the middle market. Since 1990, the investment professionals at Court Square Capital Partners have invested in approximately 150 transactions in multiple industries, including technology and telecommunications, growth industrials, business services, healthcare and media. Court Square Capital Partners is currently investing Court Square Capital Partners II, L.P., which, together with its affiliated partnerships, is a $3.1 billion private equity fund that was raised in 2007, and is currently managing Citigroup Venture Capital Equity Partners, L.P., which, together with its affiliated partnerships, is a $2.6 billion private equity fund that was raised in 2001.

About AlpInvest Partners N.V.

AlpInvest Partners is one of the largest private equity investors in the World with mandates in excess of EUR 40 billion (USD 63 billion). Approximately 80% of these funds are invested by AlpInvest Partners in private equity funds globally, including through Secondary transactions, with the remainder invested directly in companies as a co-investor in Europe and the US. In 2007 AlpInvest Partners received a EUR 2 billion mandate for mezzanine investments in Europe and the US. AlpInvest Partners has 68 investment professionals based in Amsterdam, Hong Kong, New York and London. Its main clients are ABP and PFZW (Stichting Pensioenfonds Zorg en Welzijn), two of the largest pension funds in the world with respectively EUR 216 billion and EUR 88 billion of assets under management (as per December 2007). To learn more about AlpInvest Partners visit