{{short description|US technology services provider}} {{Infobox company | name = CompuCom Systems Inc. | logo = | industry = Information Technology Services | predecessor = Safeguard Scientifics Tri-Star Data Systems Office Automation | founded = 1987 | owner = Variant Equity Advisors | parent = The ODP Corporation (2017–2021) | hq_location_city = Fort Mill, South Carolina | area_served = North America | key_people = Jvalin Patel, President | services = End-to-end managed services, technology, and consulting to enable the digital workplace for enterprise, midsize and small businesses. | num_employees = 8,000 | website = https://www.compucom.com }}
'''CompuCom Systems Inc.''' is a technology managed services provider and product reseller headquartered in Fort Mill, South Carolina. It is a wholly owned subsidiary of Variant Equity Advisors.<ref name=":0">{{Cite web|url=https://www.crn.com/news/managed-services/office-depot-sells-compucom-in-305m-deal|title=Office Depot Sells CompuCom In $305M Deal|date=2022-01-03}}</ref><ref name=":1">{{Cite web|url=https://www.businesswire.com/news/home/20211231005114/en|title=The ODP Corporation Announces Sale of Its CompuCom Subsidiary|date=2021-12-31|work=BusinessWire}}</ref> In business since 1987, CompuCom provides Managed Workplace Services including IT solutions and hardware, integration and support services and has partnerships within the technology space such as HP, IBM, Cisco, Dell, Apple, Inc, Jamf Pro, AirWatch.<ref>{{Cite news|url=http://www.bigchangeadvisors.com/2017/11/grow-die-evaluating-office-depot-acquisition-compucom/|title=To Grow or Die: Evaluating the Office Depot Acquisition of CompuCom - Big Change Advisors|date=2017-11-06|work=Big Change Advisors|access-date=2018-06-22}}</ref>
== Corporate history == CompuCom was formed in 1987 by Safeguard Scientifics, a venture capital company. It was started when predecessor Machine Vision International acquired two computer-focused technology companies, Tri-Star Data Systems and Office Automation, under the umbrella of Safeguard Scientifics, which named the merged company CompuCom.<ref>{{Cite web|url=http://www.referenceforbusiness.com/history2/19/CompuCom-Systems-Inc.html|title=CompuCom Systems, Inc. - Company Profile, Information, Business Description, History, Background Information on CompuCom Systems, Inc.|website=www.referenceforbusiness.com|access-date=2018-06-04}}</ref>
Under the majority ownership of Safeguard Scientifics, CompuCom became a public company in 1987. Also that year, it acquired the CompuShop retail store chain from Bell Atlantic, and moved into its Dallas headquarters. James W. Dixon, president of CompuShop was appointed CEO of CompuCom and served from 1987 to 1996 and became chairman of the board on leaving<ref>{{Cite web|url=https://www.bloomberg.com/research/stocks/private/person.asp?personId=516799&privcapId=26863|title=James W. Dixon: Executive Profile & Biography - Bloomberg|website=www.bloomberg.com|access-date=2018-06-04}}</ref><ref name="Press release 2018">{{Cite news|url=https://www.businesswire.com/news/home/20041104005742/en/Platinum-Equity-Appoints-James-W.-Dixon-President|title=Platinum Equity Appoints James W. Dixon as President and CEO of CompuCom Systems Inc.; Senior Executive Who Helped Build Company Returns to Lead It Once Again|last=Press release|work=www.businesswire.com|access-date=2018-06-22}}</ref>
Safeguard Scientifics held majority ownership of CompuCom until 2004, building it into a company with $1.5 billion in annual revenues.
In December 2000, CompuCom purchased the assets of MicroAge Technology Services, one of the largest divisions of bankrupt parent company MicroAge. This included all of MicroAge's remaining service network of locations.
In 2004, Safeguard sold CompuCom to Platinum Equity, a private equity investment firm for $128 million, and appointed Dixon as CEO.<ref>{{Cite news|url=https://www.businesswire.com/news/home/20040528005184/en/Safeguard-Scientifics-Agrees-Sell-Interest-CompuCom-Systems|title=Safeguard Scientifics, Inc. Agrees to Sell Its Interest in CompuCom Systems, Inc.|last=Press release|work=www.businesswire.com|access-date=2018-06-22}}</ref><ref name="Press release 2018" /> CompuCom acquired GE Capital Information Technology Solutions (GE ITS), to expand its services portfolio.<ref>{{Cite news|url=https://www.businesswire.com/news/home/20041201005392/en/Platinum-Equity-Completes-Acquisition-GE-Solutions-General|title=Platinum Equity Completes Acquisition of GE IT Solutions; Former General Electric Unit Will Be Integrated With CompuCom Systems, Inc.|last=Press release|work=www.businesswire.com|access-date=2018-06-22}}</ref> CompuCom then became partners and resellers of Jamf Pro, VMware.
In 2007, Platinum Equity sold CompuCom to Court Square Capital Partners, a private equity firm.
In 2008, CompuCom acquired the U.S. division of Getronics<ref>{{Cite news|url=https://www.computerdealernews.com/news/compucom-acquires-getronics-north-american-operations/7720|archive-url=https://web.archive.org/web/20150407210229/http://www.computerdealernews.com/news/compucom-acquires-getronics-north-american-operations/7720|url-status=usurped|archive-date=April 7, 2015|title=CompuCom acquires Getronics’ North American operations|work=Computer Dealer News|access-date=2018-06-22}}</ref> and in 2009, joined with Getronics and other IT services providers to form the Getronics Workspace Alliance.<ref>{{Cite web|url=https://www.telecompaper.com/news/getronics-and-partners-launch-global-workspace-alliance--664526|title=Getronics and partners launch global workspace alliance|website=www.telecompaper.com|access-date=2018-06-22}}</ref>
In 2013, CompuCom was sold to Thomas H. Lee Partners, also a private equity firm.<ref>{{Cite news|url=https://www.reuters.com/article/us-thl-compucom/thl-to-buy-it-services-company-compucom-for-1-1-billion-source-idUSBRE93710T20130408|title=THL to buy IT services company CompuCom for $1.1 billion|work=Fortune|access-date=2018-06-04}}</ref><ref>{{Cite web|url=http://news.officedepot.com/press-release/corporatefinancial-news/office-depot-takes-first-step-strategic-transformation-become-|title=Office Depot Takes First Step in Strategic Transformation to Become Business Services Platform with Acquisition of CompuCom {{!}} Office Depot Online Newsroom|website=news.officedepot.com|access-date=2018-06-04|archive-url=https://web.archive.org/web/20180512194340/http://news.officedepot.com/press-release/corporatefinancial-news/office-depot-takes-first-step-strategic-transformation-become-|archive-date=2018-05-12|url-status=dead}}</ref>
In 2015, Dixon retired as CEO, and was replaced by Dan Stone in 2016.<ref>{{Cite news|url=http://www.channelfutures.com/sales/compucom-shakes-c-suite-new-chief-executive-end-user-enablement-boss-cio|title=CompuCom Shakes Up C-Suite with New Chief Executive, End User Enablement Boss, CIO|date=2015-02-08|work=Channel Futures|access-date=2018-06-22}}</ref><ref>{{Cite news|url=https://www.businesswire.com/news/home/20161201005986/en/CompuCom-Names-Dan-Stone-Chief-Executive-Officer|title=CompuCom Names Dan Stone as Chief Executive Officer|last=Press release|work=www.businesswire.com|access-date=2018-06-04}}</ref><ref>{{Cite news|url=http://www.sun-sentinel.com/business/fl-bz-office-depot-compucom-executive-20180530-story.html|title=Top executive at Office Depot's CompuCom resigns|last=Pounds|first=Marcia Heroux|work=Sun-Sentinel.com|access-date=2018-06-04}}</ref>
In 2016, the company moved its headquarters from Dallas to Plano, Texas.<ref>{{Cite web|url=https://www.bizjournals.com/dallas/news/2016/09/06/developer-myers-crow-sells-two-new-office.html|title=developer-myers-crow-sells-two-new-office|website=www.bizjournals.com|access-date=2018-06-22}}</ref><ref>{{Cite web|url=https://www.opi.net/news/compucom-opens-new-hq/|title=CompuCom opens new HQ {{!}} OPI - Office Products International|website=www.opi.net|access-date=2018-06-22}}{{Dead link|date=July 2020 |bot=InternetArchiveBot |fix-attempted=yes }}</ref>
In 2017, CompuCom was sold to Office Depot and moved its headquarters to Indian Land, South Carolina.<ref>{{Cite web|url=http://news.officedepot.com/press-release/corporatefinancial-news/office-depot-inc-announces-completion-compucom-acquisition-and|title=Office Depot, Inc. Announces Completion of CompuCom Acquisition and Transformation Towards a Services-Driven Company in Conjunction with Third Quarter 2017 Results {{!}} Office Depot Online Newsroom|website=news.officedepot.com|access-date=2018-06-04|archive-url=https://web.archive.org/web/20180724225940/http://news.officedepot.com/press-release/corporatefinancial-news/office-depot-inc-announces-completion-compucom-acquisition-and|archive-date=2018-07-24|url-status=dead}}</ref><ref>{{Cite news|url=http://www.charlotteobserver.com/news/business/biz-columns-blogs/development/article119668888.html|title=IT firm moving 1,500 jobs to Indian Land, south of Charlotte|work=charlotteobserver|access-date=2018-06-04}}</ref>
in 2021, CompuCom was sold to Variant Equity Advisors LLC for $305 million,<ref name=":0" /><ref name=":1" /> with Kevin Shank named as president in December 2022.
== References == {{reflist}}
Category:Office Depot Category:American companies established in 1987 Category:1987 establishments in North Carolina Category:Companies based in South Carolina Category:Technology companies of the United States Category:2017 mergers and acquisitions