Monday, March 16, 2015

PCM Buys En Pointe Technologies Sales

El Segundo-based technology service provider PCM announced this morning that it has acquired En Pointe Technologies Sales, in ann asset acquisition deal. PCM said it acquired En Pointe Technologies Sales IT solutions provider business, excluding the firm's current tangible assets, accounts receivable and inventory. PCM said it will pay $15M in cash for the business, plus earnout. PCM said it will be offering positions at the company to nearly all of En Pointe's 240 employees. En Pointe was based in Gardena, and provided system integration services; PCM said En Pointe had revenues of $393M for the year ended September 30th, 2014. PCM was advised by B. Riley & Co. in the deal; En Pointe was represented by martinwolf.

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