Pomeroy IT Loses Buyout Bidder… Again

ComVest Investment Partners has pulled its $6 per share buyout offer for Pomeroy IT Solutions (Nasdaq: PMRY). The offer had been made in partnership with Pomeroy founder and largest shareholder David Pomeroy II, who had previously tried to buy the company in tandem with Charlesbank Capital Partners for $7.05 per share. Pomeroy provides IT infrastructure solutions, with a focus on enterprise, network and end-user technologies.