M&A
confidence high
sentiment positive
materiality 0.85
ScanSource to acquire MicroAge for $220.5M cash; Q4 EPS up 41%
SCANSOURCE, INC.
- All-cash acquisition of MicroAge for $220.5M; expected close by Sept 30, 2026, funded via existing credit facility.
- MicroAge serves ~2,400 clients with 200+ associates; expected accretive to gross margin, EBITDA margin, and non-GAAP EPS in year one.
- Q4 FY26 net sales $953.1M (+17.3% YoY); GAAP diluted EPS $1.24 (+41%); non-GAAP EPS $1.46 (+43%).
- FY26 net sales $3.23B (+6.1%); GAAP EPS $3.64 (+21%); non-GAAP EPS $4.24 (+19%).
- FY27 guidance: net sales growth 6-10%, adjusted EBITDA $158-165M, free cash flow at least $85M.