Acquisition Further Strengthens CDW’s Services Capabilities and Deepens Consulting Expertise
LINCOLNSHIRE, IL–October 1, 2019 –CDW Corporation (NASDAQ: CDW), a leading multi-brand technology solutions provider to business, government, education and healthcare customers in the United States, the United Kingdom and Canada, announced today that it has acquired Aptris, an IT Service Management (ITSM) solutions provider and ServiceNow Elite partner.
“Helping customers optimize the value of their IT investments is core to our mission,” said Chris Leahy, chief executive officer, CDW. “Adding Aptris’ expertise to our team further expands CDW’s services capabilities and enhances the value that we can deliver to our customers.”
Aptris is a leader in IT Service Management solutions, including advisory, consulting and development services, and has been a partner of CDW since 2017. Its target markets align with CDW’s customer focus.
“For our customers and coworkers, joining CDW creates meaningful opportunity,” said Tim Ancona, president and chief executive officer, Aptris. “Our organizations are well-aligned with shared values, a commitment to exceeding customer expectations and strategic focus on professional and managed services for ServiceNow.”
“We have successfully partnered with Aptris to deliver ServiceNow services to many customers,” said Andy Eccles, general manager and chief technology officer of services, CDW. “IT Service Management and digital workflow platforms are rapidly becoming a cornerstone of IT, and we are excited to bring Aptris’ nearly 100 coworkers onto the CDW team and to expand our capabilities in this fast-growing segment of the IT market.”
Terms of the transaction were not disclosed. Aptris is not expected to have a material impact on CDW’s 2019 Net sales and Non-GAAP earnings per share.
Statements in this release that are not statements of historical fact are forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including without limitation statements regarding the expected benefits of the transaction. These statements involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Although CDW believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Reference is made to a more complete discussion of forward-looking statements and applicable risks contained under the captions “Forward-Looking Statements” and “Risk Factors” in CDW’s Annual Report on Form 10-K for the year ended December 31, 2018 and subsequent filings with the SEC. CDW undertakes no obligation to update or revise any of its forward-looking statements, whether as a result of new information, future events or otherwise, unless required by law.
CDW (NASDAQ: CDW) is a leading multi-brand technology solutions provider to business, government, education and healthcare customers in the United States, the United Kingdom and Canada. A Fortune 500 company and a member of the S&P 500 Index, CDW was founded in 1984 and employs more than 9,700 coworkers. For the trailing twelve months ended June 30, 2019, the company generated Net sales over $17 billion. For more information about CDW, please visit www.CDW.com.
Brittany A. Smith
Vice President, Investor Relations and Financial Planning and Analysis
Vice President, Corporate Communications