secwatch.observer — SEC 8-K summary
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Issuer:     INSIGHT ENTERPRISES INC (NSIT)
CIK:        0000932696
Form:       8-K
Filed at:   2023-12-01T23:59:59+00:00
Accession:  0001628280-23-040396
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 2.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Insight closes $410M acquisition of SADA Systems, Google Cloud partner; sees $0.55-$0.75 EPS boost in FY2024
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- Paid $410M cash-free, debt-free for all equity of SADA; earnout up to $390M based on EBITDA and revenue goals through 2026.
- SADA is a six-time Google Cloud Partner of the Year with ~850 professionals; adds Google Cloud expertise to Insight's multicloud portfolio.
- Acquisition expected to add $0.20-$0.30 to adjusted diluted EPS in December 2023 and $0.55-$0.75 for full year 2024.
- Insight now offers solutions across Microsoft Azure, Google Cloud, and AWS; total team exceeds 14,500 across 26 countries.
- Transaction closed December 1, 2023; financials to be filed within 71 days via amendment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/932696/000162828023040396/0001628280-23-040396-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/932696/000162828023040396/nsit-20231201.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-040396

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer