Jim Dixon to become Executive Chairman
DALLAS, Texas—May 13, 2013 — CompuCom Systems, Inc. (“CompuCom”), the leading IT outsourcing specialist, today announced the promotion of Anthony (Tony) Doye (“age: 56”) to the role of Chief Executive Officer (CEO). Doye joined CompuCom as Divisional CEO in November, responsible for the executive leadership of all sales and support functions including Services, Hardware and Software. The Company previously announced he would succeed Jim Dixon, who will transition to his role as Executive Chairman of CompuCom after more than 20 years of dedicated service to CompuCom, its clients and associates.
Dixon led the transformation of the company from a national reseller of hardware to an IT services leader. Doye will continue to solidify CompuCom as the leading provider of IT outsourcing services and products to North American enterprise organizations, while driving the Company’s expansion into emerging areas which require platform expertise and management, including mobile device management and cloud services.
“I am delighted to announce Tony’s promotion to CEO,” said Jim Dixon. “This is the culmination of the succession plan we laid out in January. Tony’s drive and track record of success are vital to CompuCom’s continued growth. Since joining CompuCom, he has shown a commitment to creating value for our clients and helped to reshape the strategic direction of the company.”
Prior to joining CompuCom, Doye served as President and CEO at Fujitsu North America where he was responsible for the North American Outsourcing portfolio generating well over a billion dollars in revenue that spanned all Fujitsu International Business activities in the United States, Canada and Caribbean regions. Doye also successfully integrated diverse business units and led the launch of a full range of cloud solutions and outsourcing services growth programs.
“Jim has done a phenomenal job in growing the CompuCom business as CEO,” said Doye. “I am honored to have been given this opportunity and I’m excited to lead the organization into its next chapter of growth, as we work closely with our clients to develop and roll out the technology-enabled solutions that will truly enhance their businesses.”
Doye has extensive experience in creating and delivering solutions that improve client service levels and nurture innovation. His professional background includes more than 30 years of IT industry experience in positions of increasing responsibility with companies including Computer Sciences Corporation (CSC), Unisys and IBM.
This management change coincides with the completion of the acquisition of CompuCom by a leading private equity firm, Thomas H. Lee Partners L.P. (THL). THL’s investment in CompuCom is consistent with its long history of investing in businesses with compelling value propositions that help their customers save money, improve their businesses and provide essential services.
About CompuCom Systems, Inc.
CompuCom, the leading IT outsourcing specialist, delivers IT your way. Our clients like working with us because they know that, with CompuCom, it’s all about them. Our unique ITSM strategy blends your data center, cloud, and end-user computing environments in an innovative fashion. This radically simplifies your IT, allowing you to focus on growing your business and serving your customers. We are highly regarded around the world for our balance of industry-leading tools, a pragmatic approach to best practices, and our highly skilled workforce. We are the perfect alternative to address the revolutionary IT transformations facing you today and in the future. More than a trusted advisor, CompuCom is your trusted doer. To learn more, visit www.CompuCom.com.
About Thomas H. Lee Partners
Thomas H. Lee Partners, L.P. ("THL") is one of the world's oldest and most experienced private equity firms. The firm invests in growth-oriented global businesses, headquartered principally in North America, across three broad sectors: Consumer & Healthcare, Media & Information Services and Business & Financial Services. THL's team of investment and operating professionals partner with portfolio company management teams to identify and implement business process improvements that accelerate sustainable revenue and profit growth. Since its founding in 1974, THL has raised approximately $20 billion of equity capital and invested in more than 100 businesses with an aggregate purchase price of more than $150 billion. THL strives to build great companies of lasting value and generate superior investment returns. For more information, please visit www.thl.com.
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Media Contact
For CompuCom Systems, Inc.
Andrea Hannahan
(513) 583-8031
Technical Operations Center To Add 200 New Jobs By End of Next Year
Louisville, KY – April 18, 2013 – Against a backdrop of hundreds of computers and the service personnel that make up its new Technical Operations Center, CompuCom Systems, Inc. introduced today its new Louisville facility and its plans to grow operations at 10100 Linn Station Road. Mayor Greg Fischer and officials from Greater Louisville Inc. – the Metro Chamber of Commerce – saluted the company and its management for the tremendous growth the company has experienced since coming to Louisville in 2004.
“CompuCom’s expansion is the type of investment and job creation that I like to see in Louisville – highly-skilled, highly-technical and well-paid,” Mayor Greg Fischer said. “The company is a great fit for our city.”
In the last three years, CompuCom has seen its Technical Operations Center in Louisville grow from a 120-seat space in eastern Jefferson County to its new facility, which can accommodate up to 335 service personnel. CompuCom provides IT infrastructure services 24x7 to clients globally from Louisville. The company plans to add 100 new IT support associates in Louisville by the end of 2013 and an additional 100 positions throughout 2014.
“Not only are we thrilled by CompuCom’s growth, but it is just as thrilling that the growth is in our important IT sector where we see so much potential for high-paying jobs that attract an educated and engaged workforce,” said Greater Louisville Inc. President & CEO Craig Richard.
Louisville has been the home of CompuCom’s data center services practice since 2008 supporting network, server, storage and backup technologies remotely for many of its largest customers. This is a huge growth area for CompuCom in which they plan to continue to expand. With the expansion into this larger facility, CompuCom has started delivering service desk services from Louisville as well, complementing their other U.S. service desk operations in Dallas, TX. CompuCom also has service centers in Mexico, Canada and India.
”Louisville has been and continues to be attractive to us because of its well-educated workforce that embodies a strong work ethic, and our hugely positive experience doing business in Louisville since 2004,” said CompuCom Divisional CEO Tony Doye. “In addition, Louisville offers a geographically desirable location at the edge of Eastern time zone, and the city and GLI have been strong business supporters.
About CompuCom Systems, Inc.
CompuCom, the leading IT services and solutions specialist, delivers IT your way. Our clients like working with us because they know that, with CompuCom, it’s all about them. Our unique ITSM strategy blends your data center, network, voice, and end user computing environments in an innovative fashion. This radically simplifies your IT, allowing you to focus on growing your business and serving your customers. We are highly regarded around the world for our balance of industry-leading tools, a pragmatic approach to best practices, and our highly skilled workforce. We are the perfect alternative to address the revolutionary IT transformations facing you today and in the future. More than a trusted advisor, CompuCom is your trusted doer. To learn more, visit www.CompuCom.com.
About Greater Louisville Inc.
Greater Louisville Inc. is the Metro Chamber of Commerce, dedicated to connecting and growing businesses. We lead economic development for the region, driving job creation and entrepreneurship. GLI is committed to transforming our community by improving the region’s quality of life, advocating for a pro-business environment and developing a talented workforce. For more information, visit www.GreaterLouisville.com.
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GLI Contact:
Carmen Hickerson
502-625-0402
DALLAS, Texas — April 8, 2013 — CompuCom Systems, Inc., the leading IT services and solutions specialist, today announced that it has entered into a definitive agreement under which Thomas H. Lee Partners, L.P. (“THL”), a leading private equity firm, will acquire CompuCom from Court Square Capital Partners, a private equity firm with a legacy of building lasting companies.
CompuCom specializes in full lifecycle infrastructure services from assessment, design, procurement and integration through program deployment and management services of complete enterprise IT infrastructures. CompuCom’s clients are among the most recognized Fortune 100 and 500 businesses, including high growth companies and vertical market leaders. CompuCom, which has more than 11,500 associates worldwide, has had more than 20 years of profitable growth and had $2.3 billion of gross revenue in 2012.
“We at CompuCom are delighted to announce this partnership with THL. This heralds a new era for us with continued focus on value added services to our customers. THL has a great track record in supporting focused growth, customer delight and associate satisfaction within outsourcing and managed IT services companies. Our mission is fully complemented by the resources that a partnership with THL provides,” said Jim Dixon, CompuCom CEO.
Tony Doye, CompuCom Divisional CEO, added, “CompuCom is well positioned for growth, particularly in the mobility, end user and cloud arenas. It is very exciting for us that THL shares and is investing in our strategy.”
“Companies across all industries are increasingly turning to third parties to enhance how they meet their business service needs, particularly with respect to IT. Meanwhile, technology continues to evolve quickly; organizational compliance requirements are becoming an expensive burden due to the rise of mobile devices and cloud computing; and end-user computing services require integration of an increasing number of components. CompuCom has demonstrated that it has the tools and human capital to help companies to navigate these challenges. This investment is also consistent with our long history of investing in and partnering with business processing and managed IT services firms, including Systems Maintenance Services and Fidelity National Information Services,” said Soren Oberg, Managing Director at THL.
“CompuCom has established itself as a clear leader in providing cost-effective IT service management and solutions and is well known for its exemplary customer service. We believe the Company is well-positioned to capture additional market share in its traditional areas of strength as it deepens its expansion into new services towers. We look forward to partnering with the talented CompuCom management team to further grow the business and to continue building value,” said Seth Lawry, Managing Director at THL.
The transaction is expected to close in the second quarter of 2013, subject to regulatory approvals and the satisfaction of other customary closing conditions. Financial terms of the transaction were not disclosed. Citigroup Global Markets Inc., J.P. Morgan, BMO Capital Markets and Jefferies Finance LLC are providing committed financing for the transaction. BMO Capital Markets and Jefferies LLC acted as financial advisors and Weil, Gotshal & Manges LLP acted as legal advisor to THL. Citigroup Global Markets Inc. acted as financial advisor and Dechert LLP acted as legal advisor to CompuCom and Court Square.
About CompuCom Systems, Inc.
CompuCom, the leading IT services and solutions specialist, delivers IT your way. Our clients like working with us because they know that, with CompuCom, it’s all about them. Our unique ITSM strategy blends your data center, network, voice, and end user computing environments in an innovative fashion. This radically simplifies your IT, allowing you to focus on growing your business and serving your customers. We are highly regarded around the world for our balance of industry-leading tools, a pragmatic approach to best practices, and our highly skilled workforce. We are the perfect alternative to address the revolutionary IT transformations facing you today and in the future. More than a trusted advisor, CompuCom is your trusted doer. To learn more, visit www.CompuCom.com.
About Thomas H. Lee Partners
Thomas H. Lee Partners, L.P. ("THL") is one of the world's oldest and most experienced private equity firms. The firm invests in growth-oriented global businesses, headquartered principally in North America, across three broad sectors: Consumer & Healthcare, Media & Information Services and Business & Financial Services. THL's team of investment and operating professionals partner with portfolio company management teams to identify and implement business process improvements that accelerate sustainable revenue and profit growth. Since its founding in 1974, THL has raised approximately $20 billion of equity capital and invested in more than 100 businesses with an aggregate purchase price of more than $150 billion. THL strives to build great companies of lasting value and generate superior investment returns. For more information, please visit www.thl.com.
About Court Square Capital Partners
Court Square is one of the most experienced teams in the private equity industry. Since 1979, the team has made over 200 investments including several landmark transactions and has developed numerous businesses into leaders in their respective markets. Court Square invests in companies that have compelling growth potential. The firm manages over $5.5 billion in aggregate capital commitments while focusing on the following four sectors: business services, general industrial, healthcare and technology/telecommunications. For more information please visit www.courtsquare.com.
Media Contacts
For CompuCom Systems, Inc.
Andrea Hannahan
(513) 583-8031
For Thomas H. Lee Partners
Sard Verbinnen & Co
Matt Benson / David Isaacs
(212) 687-8080 / (415) 618-8750
For Court Square Capital Partners
Edelman
Trevor Gibbons
(212) 704-8166
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London, UK — March 28, 2013 — Getronics Workspace Alliance (GWA) was among the select companies that Forrester Research, Inc. invited to participate in its report on Global Workspace Services, The Forrester Wave™: Global Workplace Services, Q1 2013.
In this evaluation, the GWA is cited as a Strong Performer and is cited for its great strength in core workspace services elements and had among the second highest scores in the client feedback criteria. The Alliance, of which CompuCom is a foundding member, also achieved the highest score in Service Market Presence1
View the GWA press release here http://www.getronics.com/downloads/forrester-press.pdf
1 Market presence: Forrester analysed the supplier’s market presence in terms of support for various categories of managed objects that together comprise workplace services, as well as the supplier’s overall financial performance and size of client base
Newly created Role Positions Company for Continued Growth
DALLAS, Texas—January 2, 2013 — CompuCom Systems, Inc., the leading IT outsourcing specialist, today announced the appointment of Anthony (Tony) Doye to the role of Divisional Chief Executive Officer (CEO). In this role, he will be responsible for the executive leadership of all sales and support functions including Services, Hardware and Software. The appointment positions Doye to eventually succeed current CEO Jim Dixon, who will become Chairman of CompuCom after a successful transition period.
Prior to joining CompuCom, Doye served as President and CEO at Fujitsu North America. As Fujitsu CEO, he was responsible for the North American Outsourcing portfolio generating well over a billion dollars in revenue that spanned all Fujitsu International Business activities in the United States, Canada and Caribbean regions. While at Fujitsu, Doye successfully integrated diverse business units and led the launch of a full range of cloud solutions and outsourcing services growth programs.
“Tony is uniquely qualified to help continue the growth and success CompuCom has enjoyed over the past few years,” stated Jim Dixon, CEO of CompuCom. “His leadership roles in IT outsourcing services and his commitment to creating value for customers will help us shape the strategic direction for our company going forward,” added Dixon.
Doye has extensive experience in creating and delivering solutions that improve client service levels and nurture innovation. His professional background includes more than 30 years of IT industry experience in positions of increasing responsibility with companies including Computer Sciences Corporation (CSC), Unisys and IBM.
Doye’s educational background includes completion of the Stanford University Graduate School of Business Executive Program. He did post-graduate work at The Open University and attended Cambridge University’s Management summer program for Executives in the United Kingdom.
About CompuCom Systems, Inc.
CompuCom, the leading IT outsourcing specialist, delivers IT your way. Our clients like working with us because they know that, with CompuCom, it’s all about them. Our unique ITSM strategy blends your data center, network, voice, and end user computing environments in an innovative fashion. This radically simplifies your IT, allowing you to focus on growing your business and serving your customers. We are highly regarded around the world for our balance of industry-leading tools, a pragmatic approach to best practices, and our highly skilled workforce. We are the perfect alternative to address the revolutionary IT transformations facing you today and in the future. More than a trusted advisor, CompuCom is your trusted doer. To learn more, visit www.CompuCom.com.
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Media Contact
CompuCom Systems, Inc.
Marilyn Nelson
+1 281-996-1551
Marilyn.Nelson@CompuCom.com
