Private Equity firm Clayton, Dubilier, and Rice (CD&R) successfully exited its investment in Sirius Computer Solutions. The transaction follows a previously announced agreement for the sale of Sirius Computers to CDW Corporation (Nasdaq: CDW).
Moreover, as per the agreement announced in October 2021, CDW paid $2.5 billion to buy the IT solutions provider. CDW also plans to pay the consideration in cash. However, the transaction is subject to certain adjustments and customary closing conditions.
Sirius President and Chief Executive Officer Joe Mertens said; “CDW and Sirius share common values and a commitment to delivering an outstanding customer experience. Together, we will have the ability to broaden our reach and deliver even more value to our customers, who we expect to be...
