A definitive agreement has been reached for the acquisition of DCC plc’s Info Tech business in the UK and Ireland.
AURELIUS Private Equity Mid-Market Buyout has entered into a definitive agreement for the acquisition of DCC Technology’s Info Tech business in the UK and Ireland. The division of the international sales, marketing and support services group is a distributor of technology products to the Consumer and Business sectors, and a service provider to a diverse customer base as well as a broad range of blue-chip technology vendors.
This acquisition will mark AURELIUS’s latest transaction with a FTSE100-listed counterparty.
In the UK, Exertis is a multi-specialist distributor with significant scale, in Ireland it is a market-leading distributor of technology products and a provider of multi-jurisdictional specialist services. The company plays a central role in the UK & Ireland technology supply chain, owning a distribution network in the UK and Ireland which is sustained by state-of-the-art national distribution centres in Burnley/UK and Dublin/Ireland. It has contributed about £2 billion ($2.7 billion/ €2.31 billion) in combined revenues to DCC plc in the year ending on 31 March 2025.
After implementation of targeted growth and core operational improvement measures, AURELIUS sees significant earnings growth potential for the business, with infrastructure and processes already in place to deliver it. AURELIUS said it expects its growth and profitability improvements to be enhanced by a recovery in market demand, which is forecast based on a shifting technology ecosystem that drives positive longer-term tailwinds.
Andrzej Cebrat, Managing Director AURELIUS IV and V, said: “Exertis in the UK and Ireland ticks all of AURELIUS’ boxes: with £2 billion ($2.7 billion/ €2.31 billion) in annual revenues it is an attractive size, and it offers significant operational improvement potential. It will allow AURELIUS to play to its strengths by deploying its WaterRise team of specialists to support a return to operational excellence and growth. We are pleased to have found agreement with DCC plc.”
The transaction is subject to customary closing conditions, including regulatory approvals.
AURELIUS was advised by Rothschild & Co (Corporate Finance), Eversheds (Legal), Interpath (Tax), KPMG (Financial) and Kearney (Commercial).