Computacenter Shares Rise on US Federal Market Expansion with GAI Acquisition

Shares in Computacenter (LON: CCC) climbed on Thursday morning after the FTSE-listed technology services group announced the acquisition of Government Acquisitions Inc. (GAI), a specialist IT reseller focused on the US federal government market, for an enterprise value of up to $92 million.

The stock rose around 2% to 4,304p in early London trading, up from a previous close of 4,218p, as investors welcomed the deal’s strategic rationale and its promise of immediate earnings accretion.

About the Acquisition

GAI, headquartered in Cincinnati, Ohio, brings over 35 years of federal sector experience and serves as a trusted IT solutions partner to a range of US government agencies. The business employs approximately 90 people and generated gross invoiced income of around $390 million in 2025, alongside an adjusted EBITDA of approximately $8 million. Notably, GAI was named Nvidia’s US Public Sector Partner of the Year for 2025.

WELCOME BONUS - Free Share Bundle When You Invest £50! Get up to £500 cashback for investing with IG.

Invest in 15,000+ shares and ETFs. Open an account now, invest at least £50, and you’ll get a free share bundle worth between £40 and £200. T&Cs apply.

5.0

Open Account Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Deal Terms

Under the terms of the deal, Computacenter will make an initial cash payment of $63 million, with up to a further $29 million payable through performance-based earnouts to the end of 2027. The transaction has already received clearance from the US Committee on Foreign Investment in the United States (CFIUS) and is expected to close on 1 June 2026.

Strategic Rationale

CEO Mike Norris said the acquisition provides “access to a new market for growth in the United States” and diversifies the group’s North American operations, which have been expanding rapidly. GAI’s existing leadership team will remain in place, operating as a specialist federal government unit within Computacenter’s North American business.