Computacenter Expands Into U.S. Federal IT Sector Through $92 Million GAI Acquisition (CCC)

Computacenter (LSE:CCC) has agreed to acquire Government Acquisitions Inc. (GAI), a Cincinnati-based value-added reseller serving the U.S. federal government market, in a deal valued at up to $92 million. The transaction follows approval from the Committee on Foreign Investment in the United States.

GAI generated approximately $390 million in gross invoiced income and $8 million in adjusted EBITDA during 2025. Following completion of the acquisition, the business will continue operating under its existing leadership team as a dedicated federal specialist unit within Computacenter’s North American division.

Acquisition Broadens Public Sector Exposure

The transaction will be financed using existing cash resources, with an initial payment of $63 million and further performance-linked payments extending through to 2027. Computacenter said the acquisition is expected to enhance earnings immediately after completion.

By acquiring GAI, the company gains entry into the U.S. federal IT market, adding exposure to a significant public sector customer base while broadening its service capabilities for government agencies. The deal also increases geographic and customer diversification across North America and strengthens Computacenter’s position within the region’s technology services market.

Financial Position and Market Outlook

The company’s outlook is driven primarily by solid financial footing (low leverage) and strong top-line growth, tempered by 2025 profitability and cash flow weakening. Technicals remain strong but look overbought, while valuation (P/E ~20 and ~1.85% yield) offers only moderate support.

More about Computacenter

Computacenter is a leading independent technology and services provider that helps large corporate and public sector organisations source, transform and manage their technology infrastructure to enable digital transformation. Listed on the London Stock Exchange and a member of the FTSE 250, the company employs more than 21,000 people worldwide and focuses on sustainable long-term value creation.