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Computacenter ( (GB:CCC) ) has shared an announcement.
Computacenter has agreed to acquire US-based AgreeYa Solutions Inc and the assets of AgreeYa India for up to $120 million, in a deal that significantly expands its professional services footprint in North America and deepens its capabilities in India. AgreeYa, a 26-year-old technology solutions partner with more than 600 staff in the US and over 700 in India, is expected to generate around $120 million in revenue and $14 million in adjusted EBITDA in 2025, and the transaction, funded from existing cash, is expected to be immediately earnings accretive. The acquisition bolsters Computacenter’s offerings in cloud, data, automation, AI, digital engineering, modern workplace and IT staffing, lifting its annualised North American professional services revenue to more than $350 million and strengthening its European operations via India-based expertise, while existing AgreeYa leadership will remain in place as the business is integrated into Computacenter’s US and India operations.
The most recent analyst rating on (GB:CCC) stock is a Buy with a £3459.00 price target. To see the full list of analyst forecasts on Computacenter stock, see the GB:CCC Stock Forecast page.
Spark’s Take on GB:CCC Stock
According to Spark, TipRanks’ AI Analyst, GB:CCC is a Outperform.
Computacenter’s overall stock score reflects its strong financial performance and positive corporate events, which are the most significant factors. Technical analysis shows a strong trend, though caution is advised due to overbought signals. Valuation is moderate, providing a balanced risk-reward profile.
To see Spark’s full report on GB:CCC stock, click here.
More about Computacenter
Computacenter is a leading independent technology and services provider serving large corporate and public sector organisations, helping customers source, transform and manage their technology infrastructure to deliver digital transformation. Listed on the London Stock Exchange and a member of the FTSE 250, the group employs more than 20,000 people worldwide and focuses on end-to-end IT services across infrastructure, cloud and workplace solutions.
Average Trading Volume: 156,352
Technical Sentiment Signal: Buy
Current Market Cap: £3.19B
For detailed information about CCC stock, go to TipRanks’ Stock Analysis page.