CompuCom Systems Inc. is a technology
managed services
Managed services is the practice of outsourcing the responsibility for maintaining, and anticipating need for, a range of processes and functions, ostensibly for the purpose of improved operations and reduced budgetary expenditures through the ...
provider and product reseller headquartered in
Fort Mill, South Carolina. It is a wholly owned subsidiary of
Variant Equity Advisors.
In business since 1987, CompuCom provides Managed Workplace Services including IT solutions and hardware, integration and support services and has partnerships within the technology space such as
HP,
IBM
International Business Machines Corporation (using the trademark IBM), nicknamed Big Blue, is an American Multinational corporation, multinational technology company headquartered in Armonk, New York, and present in over 175 countries. It is ...
,
Cisco
Cisco Systems, Inc. (using the trademark Cisco) is an American multinational digital communications technology conglomerate corporation headquartered in San Jose, California. Cisco develops, manufactures, and sells networking hardware, s ...
,
Dell
Dell Inc. is an American technology company that develops, sells, repairs, and supports personal computers (PCs), Server (computing), servers, data storage devices, network switches, software, computer peripherals including printers and webcam ...
,
Apple, Inc,
Jamf Pro,
AirWatch.
Corporate history
CompuCom was formed in 1987 by Safeguard Scientifics, a venture capital company. It was started when predecessor Machine Vision International acquired two computer-focused technology companies, Tri-Star Data Systems and Office Automation, under the umbrella of
Safeguard Scientifics, which named the merged company CompuCom.
Under the majority ownership of Safeguard Scientifics, CompuCom became a public company in 1987. Also that year, it acquired the CompuShop retail store chain from Bell Atlantic, and moved into its Dallas headquarters. James W. Dixon, president of CompuShop was appointed CEO of CompuCom and served from 1987 to 1996 and became chairman of the board on leaving
Safeguard Scientifics held majority ownership of CompuCom until 2004, building it into a company with $1.5 billion in annual revenues.
In December 2000, CompuCom purchased the assets of MicroAge Technology Services, one of the largest divisions of bankrupt parent company
MicroAge. This included all of MicroAge's remaining service network of locations.
In 2004, Safeguard sold CompuCom to
Platinum Equity
Platinum Equity, LLC is an American private equity investment firm founded by Tom Gores in 1995, headquartered in Beverly Hills, California. The firm focuses on leveraged buyout investments of established companies in the U.S., Europe and Asia.
...
, a private equity investment firm for $128 million, and appointed Dixon as CEO.
CompuCom acquired GE Capital Information Technology Solutions (GE ITS), to expand its services portfolio. CompuCom then became partners and resellers of
Jamf Pro,
VMware.
In 2007, Platinum Equity sold CompuCom to
Court Square Capital Partners
Court Square Capital Partners is a private equity firm focused on leveraged buyout transactions. Court Square was originally a captive private equity firm within Citigroup known as Citigroup Venture Capital Equity Partners. Court Square's in ...
, a private equity firm.
In 2008, CompuCom acquired the U.S. division of
Getronics and in 2009, joined with Getronics and other IT services providers to form the
Getronics Workspace Alliance.
In 2013, CompuCom was sold to
Thomas H. Lee Partners, also a private equity firm.
In 2015, Dixon retired as CEO, and was replaced by Dan Stone in 2016.
In 2016, the company moved its headquarters from
Dallas
Dallas () is a city in the U.S. state of Texas and the most populous city in the Dallas–Fort Worth metroplex, the List of Texas metropolitan areas, most populous metropolitan area in Texas and the Metropolitan statistical area, fourth-most ...
to
Plano, Texas.
In 2017, CompuCom was sold to Office Depot and moved its headquarters to Indian Land, South Carolina.
in 2021, CompuCom was sold to Variant Equity Advisors LLC for $305 million,
with Kevin Shank named as president in December 2022.
References
{{reflist
Office Depot
American companies established in 1987
1987 establishments in North Carolina
Companies based in South Carolina
Technology companies of the United States
2017 mergers and acquisitions