The proposed transaction would expand ScanSource’s presence in cloud, cybersecurity, data centre, and artificial intelligence services.
ScanSource, the technology distributor, has agreed to acquire IT solutions integrator and managed services provider MicroAge in an all-cash transaction valued at $220.5 million. The deal, announced on August 20, 2026, is expected to broaden ScanSource’s capabilities in several tech segments, including cloud computing, cybersecurity, data centre infrastructure and artificial intelligence.
The transaction remains subject to regulatory approval and other customary closing conditions. ScanSource expects the acquisition to close during the quarter ending September 30, 2026.
MicroAge brings services and customer base.
MicroAge works with businesses on the design, implementation, security and management of IT environments. The company has more than 200 employees and serves approximately 2,400 customers across the United States.
Its business includes professional services, managed IT services and digital transformation support. MicroAge also has partnerships with technology providers such as Microsoft, Dell, Sophos, HPE, CrowdStrike and VMware. For ScanSource, the acquisition represents a move further into services-led technology offerings rather than remaining focused primarily on technology distribution. The company said the deal is intended to increase its exposure to higher-margin capabilities and provide greater visibility into end users’ technology requirements.
Deal to be funded through existing credit facility.
Under the agreement, ScanSource will pay $220.5 million in cash at closing. The company expects to finance the purchase through borrowings under its existing credit facility.
ScanSource said it expects the transaction to contribute positively to gross profit margin, adjusted EBITDA margin and non-GAAP earnings per share during the first year after completion. It also expects the acquisition to be free-cash-flow positive. These expectations remain subject to the successful completion and integration of the transaction. ScanSource’s fiscal 2026 results showed annual net sales of $3.23 billion, up 6.1% from the previous year, while gross profit increased 7% to $437.4 million.
The proposed deal could therefore give ScanSource a larger services platform as businesses increasingly combine hardware, software, cloud and managed IT requirements. For MicroAge, the transaction marks a change in ownership after five decades in the technology services sector. The companies have described the agreement as a step intended to combine ScanSource’s distribution reach with MicroAge’s services expertise.
The acquisition is not yet complete, and its final outcome will depend on regulatory clearance and the satisfaction of the conditions outlined in the agreement.
