Exclusive Networks Completes Acquisition of Veracomp
Veracomp, an IT distributor in 19 countries of Central and Eastern Europe, has finalised the sale of its entire distribution group to Exclusive Networks.
The Veracomp sales agreement was signed in September and the closing of the transaction was subject of several conditions, including the approval of the European Commission. With the acquisition now in effect, Exclusive Networks has expanded its global presence, headcount and operating revenues without diluting the value delivered to customers and partners both locally and internationally.
– The last months have been a period of very dynamic development of Exclusive Networks worldwide. We try to invest in companies that understand local needs perfectly. Including Veracomp in our structures is one of the most important elements of expansion in line with this strategy. In this way, we gain a unique opportunity for success in Central and Eastern Europe. We will certainly use the strong business foundations and coherent organisational culture of Veracomp, which has proven itself in 19 countries in the region – said Jesper Trolle, CEO of Exclusive Networks.
Veracomp, founded in Poland in 1991, is a distributor of ICT solutions of over 140 vendors. Over the years, the company has built relationships with several thousand business partners who will benefit from enhanced opportunities presented by the new Exclusive Networks ownership. The terms of cooperation with vendors and integrators will not change. The business will continue to trade under the Veracomp brand before rebranding to Exclusive Networks (CEE) in the near future.
New Veracomp President of the Board, Mariusz Kochański, will become General Manager of the new Exclusive Networks CEE region, reporting to Gerard Allison, SVP EMEA.
– The crucial moment for Veracomp has come – we are joining forces with a global distributor that will start acting in a new region together with us. We are going to continue business development in a way that ensures great autonomy and freedom of cooperation – this attitude convinced us to join the Exclusive Networks group. We want to give access to innovation for partners and professional support of our team, basing on our own experiences and the knowledge of distributor present on five continents. We are sure that customers, partners and employees will all benefit from this acquisition– explains Mariusz Kochański.
Veracomp (Exclusive Networks CEE) offers a rich portfolio of solutions: Networks, IT Infrastructure Management, IT Security, Telecommunications Infrastructure, Storage and Servers, Audiovisual and Digital Signage Systems, Medical Imaging, Document Management Systems as well as products for home users/SOHO, industrial solutions and IoT.