CompuCom Systems
| Company type | Subsidiary |
|---|---|
| Industry | Managed services, Technology products reseller |
| Founded | 1987 |
| Founder | Safeguard Scientifics (venture capital firm) |
| Headquarters | Fort Mill , United States |
Area served | United States |
Key people | Kevin Shank (President) |
| Products | Managed Workplace Services, IT solutions, hardware deployment, technical support |
| Owner | Variant Equity Advisors |
CompuCom Systems Inc. functions as a managed services provider and reseller specializing in technology products, with its main office located in Fort Mill, South Carolina. It operates as a fully owned subsidiary of Variant Equity Advisors. Since its inception in 1987, CompuCom has offered Managed Workplace Services that include IT solutions, hardware deployment, and technical support. The company collaborates closely with prominent industry partners such as HP, IBM, Cisco, Dell, Apple, Jamf Pro, and AirWatch.
Corporate history
Founded in 1987 by the venture capital firm Safeguard Scientifics, CompuCom emerged through the consolidation of Tri-Star Data Systems and Office Automation under the CompuCom brand. That same year, it became a publicly traded company and acquired the CompuShop retail chain from Bell Atlantic. James W. Dixon was appointed CEO (1987–1996) and subsequently served as chairman.
Safeguard Scientifics maintained majority control until 2004, during which time CompuCom’s annual revenue grew to $1.5 billion. In 2000, the company expanded its service capabilities by acquiring assets from MicroAge Technology Services, thereby extending its service network.
In 2004, private equity firm Platinum Equity acquired CompuCom for $128 million and reinstated James W. Dixon as CEO. Under Platinum Equity’s ownership, CompuCom broadened its service offerings by purchasing GE Capital Information Technology Solutions and developed partnerships with vendors including Jamf Pro and VMware.
In 2007, Platinum Equity divested CompuCom to another private equity firm, Court Square Capital Partners. The following year, CompuCom purchased Getronics’ U.S. division and in 2009 joined the Getronics Workspace Alliance to strengthen its global service reach.
Private equity firm Thomas H. Lee Partners acquired CompuCom in 2013 for $1.1 billion. Leadership changes followed with Dixon’s retirement in 2015 and Dan Stone assuming the CEO role in 2016. That year also saw the company relocate its headquarters from Dallas to Plano, Texas.
CompuCom was acquired by Office Depot in 2017, which shifted the headquarters to Indian Land, South Carolina, integrating IT services into Office Depot’s business operations. In 2021, Variant Equity Advisors purchased CompuCom for $305 million. Kevin Shank was named president in December 2022.