Exertis UK finally filed for administration on 29 May, some ten months after DCC Group agreed to sell it to AURELIUS.
Employing around 1,200 staff, its demise represents the UK IT channel’s biggest mass redundancy event in recent memory.
IT Channel Oxygen has been there talking to executives and employees through every painful step.
Here we round up the ten decisive milestones in the distribution giant’s road to collapse.
1. Exertis put up for sale – October 2024
Optimism abounded in October 2024 when DCC Group put the DCC Technology division to which Exertis IT belonged up for sale.
Reeling from a painful SAP roll out, a national newspaper scandal, and its PC market exit, Exertis IT had seen UK sales slump by 8% to £1.65bn in its fiscal 2024 period.
Talking to IT Channel Oxygen at the time, then Exertis IT boss Tim Griffin claimed there would be “a better owner out there that will enable us to do more”.
“DCC made a decision they want to focus on energy, which means that Technology is somewhat in the cheap seats,” he said.
“We want to be someone’s primary concern. The opportunity to get big and continue on the acquisition trail will come with a new vendor, not with the existing owners.”
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