Computacenter Plc said on Thursday that it has bought AgreeYa, a professional services business focused on the US enterprise market and the assets of the associated business, AgreeYa India, for up to $120m.
Headquarter in Folsom, California, AgreeYa is a technology solutions partner that has been providing professional services to enterprise customers across the US for over 26 years. It serves large customers in a range of markets including telecommunications, financial services, professional services and state/local government.
AgreeYa is expected to report consolidated revenue of about $120m in 2025, with adjusted EBITDA of $14m.
Computacenter chief executive Mike Norris said: "We are excited by the development of our North American business and continue to invest in securing further growth. AgreeYa brings us more target market customers, which we always want from our acquisitions. In addition, AgreeYa brings capabilities that we have in Europe but do not have in the United States, specifically in key parts of our professional services portfolio.
"The US and India based expertise that AgreeYa brings will add more value to our enterprise and state government customers in the United States and help us build a more sustainable business in the long-term. We are delighted to have the AgreeYa team joining us to help us to accelerate our growth in North America and develop our strategy in India."
At 0810 GMT, the shares were up 3.3% at 3,188p.