ScanSource to Acquire MicroAge for $220.5M, Expanding IT Services Reach — ScanSource, Inc.

Event summary

ScanSource to acquire MicroAge for $220.5M in an all-cash transaction, expected to close by September 30, 2026.
MicroAge serves 2,400 U.S. clients with 200 associates, specializing in IT solutions integration and managed services.
Deal expected to be accretive to gross profit margin, adjusted EBITDA margin, and non-GAAP EPS in the first year post-close.
MicroAge's partnerships include Microsoft, Dell, Sophos, HPE, CrowdStrike, and VMware.

The big picture

ScanSource's acquisition of MicroAge underscores the growing trend of technology distributors expanding into higher-margin IT services and managed solutions. The deal positions ScanSource to better compete in the rapidly evolving IT landscape, where end-users increasingly demand comprehensive, services-led technology solutions. With a diversified client base and strong partnerships, MicroAge brings valuable assets that could enhance ScanSource's strategic positioning in the market.

What we're watching

Integration Challenges: How ScanSource will integrate MicroAge's specialized services into its existing operations.
Revenue Synergies: Whether the acquisition will accelerate ScanSource's revenue growth in high-growth markets.
Market Positioning: The pace at which ScanSource can leverage MicroAge's customer relationships to expand its total addressable market.