Davis Polk advised J.P. Morgan Securities LLC as financial adviser to Insight Enterprises, Inc. in connection with its approximately $581 million acquisition of PCM, Inc.
The transaction, which is expected to close in the second half of 2019, is subject to certain customary closing conditions, including regulatory approvals and approval of PCM’s shareholders.
Insight Enterprises is an Arizona-based publicly traded global technology company that focuses on business-to-business and information technology capabilities for enterprises. Headquartered in El Segundo, California, PCM is a provider of multi-vendor technology offerings, including hardware, software and services to small, mid-sized and corporate/enterprise commercial clients, state, local and federal governments and educational institutions across the United States, Canada and the United Kingdom.
J.P. Morgan Securities and law firm Sullivan & Cromwell were advisors to Insight in the deal. B. Riley FBR Inc. and law firm Sheppard, Mullin, Richter & Hampton represented PCM.
The Davis Polk corporate team includes partner Alan F. Denenberg (Picture) and associate Josephine Chen.
Law Firms: Davis Polk & Wardwell;
Clients: JP Morgan Securities;