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CDW to buy Sirius Computer Solutions for US$2.5 billion

Business & Finance

BENGALURU (Oct 18): IT solutions provider CDW Corp said on Monday it would buy Sirius Computer Solutions from an affiliate of private equity firm Clayton, Dubilier & Rice (CD&R) for US$2.5 billion in cash.

With the acquisition, CDW expects its service portfolio to grow by about 45% and bolster its ability to help clients digitise their operations rapidly.

Founded in 1980, Sirius is an IT solutions integrator that serves clients in the United States and generated net sales of US$2.04 billion in 2020.

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