Computacenter Acquires AgreeYa Solutions: Up to $120m January 2026 Deal

Answer first: what investors need to know

Computacenter’s 22 January 2026 trading update said the group had acquired AgreeYa Solutions Inc and associated AgreeYa India assets for an enterprise value of up to $120m.

In its 2025 final results, Computacenter described the consideration as $110m in cash, subject to SPA adjustments, plus a potential earnout of up to $10m based on AgreeYa’s 2025 performance.

The deal was funded from existing cash resources, and Computacenter said it was expected to be immediately earnings accretive.

Plain English: Computacenter is buying more professional services capability in the US and more delivery depth in India, without issuing new shares. The stated attraction is customers, engineers and delivery capacity across cloud, data, automation, AI, digital engineering and modern workplace.

Deal terms and valuation at a glance

These source figures come from Computacenter’s LSE trading update and its 2025 final results.

Target	AgreeYa Solutions Inc and assets of AgreeYa India
Enterprise value (EV)	Up to $120m
Funding	Existing cash resources
2025 revenue (AgreeYa, expected)	Approximately $120m
2025 Adjusted EBITDA (expected)	Approximately $14m
EBITDA margin (implied)	Approximately 11.7%
Implied EV/EBITDA (max)	Up to \~8.6x
North American Professional Services revenue (post-deal)	Over $350m (annualised)
Headcount	600+ in the US and 700+ in India (including contractors)

Quick jargon check:

• Enterprise value (EV) is the total value of a business including debt and cash.
• Adjusted EBITDA is a profitability measure before interest, tax, depreciation and amortisation, adjusted for one-offs.
• Earnings accretive means the acquisition should increase Computacenter’s per-share earnings.

Why AgreeYa matters to Computacenter

AgreeYa is headquartered in Folsom, California, and provides professional services to enterprise customers in the US. Computacenter said AgreeYa serves telecommunications, financial services, professional services and state and local government customers. Computacenter said AgreeYa adds capability in cloud, data, automation and AI, digital engineering, modern workplace and IT staffing or expert services.

That is the strategic point: this is not just a revenue purchase, it is a services capacity purchase. Computacenter is trying to deepen the areas where customers need advice, engineering work and delivery muscle, not simply add more product resale volume.

North America gets scale; India boosts delivery

Computacenter said the acquisition would lift its North American Professional Services revenue to more than $350m on an annualised basis. Computacenter said AgreeYa had more than 600 people in the US and more than 700 in India, including contract staff. AgreeYa’s main India base is in Noida, near Delhi.

That kind of scale matters in enterprise services. It improves credibility in bids, gives managers more people to deploy across projects, and can make it easier to retain senior technical staff.

Financial impact: cash-funded and accretive

AgreeYa was expected to report 2025 consolidated revenue of about $120m and adjusted EBITDA of about $14m, all from professional services. Those figures imply an adjusted EBITDA margin of about 11.7% and a maximum EV/adjusted EBITDA multiple of about 8.6x if the full $120m enterprise value is paid.

That looks reasonable rather than punchy for a professional services asset, but investors should not treat the multiple as the whole story. The real test is whether Computacenter keeps the people, protects customer relationships and uses the larger platform well.

What to watch next

• Integration: Computacenter said AgreeYa’s existing leadership would remain to run the business, which would be integrated over time into its US and India operations.
• Earnout: the final-results note describes a potential earnout of up to $10m tied to AgreeYa’s 2025 performance.
• Synergies: the trading update and final-results note do not disclose a quantified synergy target.
• Customer concentration: the trading update and final-results note do not disclose customer concentration.
• Margins: the disclosed expected adjusted EBITDA gives investors a baseline, but not a guarantee that margins improve after integration.

Related reading: I’ve also covered Computacenter’s acquisition of GAI, a US federal government IT specialist.

My take: sensible fit, execution still matters

This looks like a sensible, capability-led acquisition. Computacenter gets US professional services scale, India delivery depth and an acquired business that was expected to be profitable before integration. The good news is that the deal is cash-funded and expected to be earnings accretive.

The watch-out is execution. Services deals are people deals, so client retention, staff retention and careful integration matter more than the headline enterprise value.

In short: useful strategic fit, sensible funding, and plenty to prove on integration.