India, May 28 -- Computacenter plc (CCC.L), on Thursday announced the acquisition of Government Acquisitions Inc., a value-added reseller focused on the U.S. federal government market, for up to $92 million.
The transaction is expected to close on June 1, after receiving clearance from the Committee on Foreign Investment in the United States.
The company said the deal includes an initial cash payment of $63 million, with additional performance-based payments of up to $29 million through the end of 2027.
The acquisition will be funded through existing cash resources and is expected to be immediately earnings accretive.
Following completion of the transaction, the existing leadership team of Government Acquisitions will continue to run th...