What changed
ScanSource acquired MicroAge for $220.5 million, funded through borrowings under its existing credit facility. The transaction is expected to be accretive to gross profit margin, adjusted EBITDA margin, and non-GAAP EPS in the first year following close. It is also expected to be free cash flow positive for ScanSource.
Why it matters
ScanSource acquired MicroAge for $220.5 million, funded through borrowings under its existing credit facility. The transaction is expected to be accretive to gross profit margin, adjusted EBITDA margi