4. SCC
Deals announced in 2023: 1 (Vohkus – March)
Appetite for M&A
SCC may have only made one acquisition so far in 2023, but it was a biggie.
The £2.5bn-revenue giant purchased £100m-revenue reseller Vohkus in March, in a classic scale play.
It was the Birmingham powerhouse’s first deal since it committed £300m to acquisitions in the UK, France and Spain last November as it looks to sustain its “multi-generational vision”.
Vohkus was SCC’s third big UK reseller acquisition inside 13 months, however: it bought audio-visual specialist Visavvi and Civica’s licensing business in February and May 2022, respectively.
With SCC looking to consolidate its position as Europe’s largest private investor in technology, the next deal looks like a matter of when and not if.
What they said
“The long tenure of Vohkus’s people and the talent it has within its growing services business will add tremendous value to SCC. In return, we can help scale Vohkus as part of the SCC family,” SCC CEO, James Rigby
Fun fact
Sir Peter Rigby’s name needs no introduction here, but not everyone will know that the SCC founder’s £4bn-revenue ‘Rigby Group’ empire now includes not only technology but also finance, airports, real estate and hotels.
