Intcomex Announces an Agreement to Acquire ScanSource Operation for Latin America


Contact:

Danny Schachtel Jose Biton Chief
Operating Officer Chief Financial Officer
danny@intcomex.com jose.biton@intcomex.com

Miami, FL. / August 10, 2020 – Intcomex is pleased to announce it has reached an agreement to acquire the ScanSource, Inc. Latin America business outside of Brazil. This strategic transaction will strengthen Intcomex’s leadership position throughout Latin America and the Caribbean by improving its commercial offering and expanding its brand catalog, products, and services.

We welcome our new employees, partners, clients and suppliers. The acquisition further solidifies our over thirty-year commitment of local distribution coupled with long standing vendor and customer relationships,” said Mike Shalom, CEO, Intcomex.

This acquisition expands our already broad portfolio into the POS and Data Capture markets. We look forward to working with our new vendor partners in expanding their reach through our local distribution network,” said Danny Schachtel, COO, Intcomex.


After a very thorough process, we are pleased to have found a highly respected, well-established buyer with a proven track record in Latin America,” said Mike Baur, Chairman and CEO, ScanSource, Inc. “Our more than 140 employees are excited to become part of Intcomex, a company that shares our commitment to long-term partner relationships. Our business in Latin America fits well with the Intcomex business, and we see this as a positive move for our employees, partners and suppliers.”

About Intcomex

Intcomex is the leading platform of value-added solutions and technology products in Latin America and the Caribbean. The company offers and distributes a wide range of products, including computer equipment, components, peripherals, mobile devices, software, accessories, networking products, security products, point of sale and digital consumer electronics, as well as cloud services to more than 50,000 customers in 41 countries in the region.

Intcomex also offers a comprehensive service solution that includes training for the channel and sales floor, technical service, guarantee services and financial services and local inventory, with an infrastructure in the region consisting of a network of 15 subsidiaries and two distribution centers. Its office headquarters are in Miami, Florida. For more information, visit the official website at the following link: www.intcomex.com.

About ScanSource, Inc.

ScanSource, Inc. (NASDAQ: SCSC) is at the center of the technology solution delivery channel, connecting businesses and providing solutions for their complex needs. ScanSource sells through multiple, specialized routes-to-market with digital, physical and services offerings from the world’s leading suppliers of point-of-sale (POS), payments, barcode, physical security, unified communications and collaboration, telecom, and cloud services.

ScanSource enables its sales partners to create, deliver and manage solutions for end-customers across almost every vertical market. Founded in 1992 and headquartered in Greenville, South Carolina, ScanSource was named one of the 2019 Best Places to Work in South Carolina and on FORTUNE magazine’s 2020 List of World’s Most Admired Companies. ScanSource ranks #643 on the Fortune 1000. For more information, visit www.scansource.com.