On the Record · Eplus
Eplus acquisitions, on the record
The businesses Eplus bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Network Solutions Group ("NSG")Word for word“Our goodwill balance increased by $ 25.4 million for the year ended March 31, 2024, due to $ 22.1 and $ 3.2 million in goodwill additions from our acquisitions of Network Solutions Group (“NSG”) and Peak Resources, Inc. (“Peak”), respectively.” 10-K for 2024 | acquisition | — | — |
Peak Resources, Inc. ("Peak")Word for word“Our goodwill balance increased by $ 25.4 million for the year ended March 31, 2024, due to $ 22.1 and $ 3.2 million in goodwill additions from our acquisitions of Network Solutions Group (“NSG”) and Peak Resources, Inc. (“Peak”), respectively.” 10-K for 2024 | acquisition | — | — |
Future Com, Ltd.Word for word“During the year ended March 31, 2023, we used $18.9 million in investing activities, consisting of $9.4 million for purchases of property, equipment, and operating lease equipment and $13.3 million to acquire Future Com, Ltd., partially offset by $3.7 million of proceeds from the sale of operating lease equipment.” 10-K for 2024 | acquisition | During the year ended March 31, 2023 | $13.3 million |
Bailiwick Services, LLCWord for word“On August 19, 2024, our subsidiary, e Plus Technology, inc., acquired 100% of the membership interests of Bailiwick.” 10-K for 2025 | acquisition | August 19, 2024 | — |
Peak Resources, Inc.Word for word“During the year ended March 31, 2025, we used $37.6 million in financing activities, consisting of $46.9 million to repurchase outstanding shares of our common stock, $15.6 million repayments on the floor plan component of our WFCDF Credit Facility, and $2.3 million paid to the sellers of Peak Resources, Inc. (“Peak”) based on adjustments to a final determination of total net assets delivered in our January 2024 acquisition of Peak, partially offset by $23.6 million in net borrowings of non-recourse notes payable in our financing segment, and $3.6 million in proceeds of issuance of common stock to employees under an employee stock purchase plan.” 10-K for 2025 | acquisition | January 2024 | $2.3 million |
businesses acquired in fiscal 2024Word for word“During the year ended March 31, 2024, we used $62.0 million in investing activities, consisting of $54.2 million to acquire businesses and $8.5 million for purchases of property, equipment, and operating lease equipment, partially offset by $0.7 million of proceeds from the sale of property, equipment, and operating lease equipment.” 10-K for 2025 | acquisition | During the year ended March 31, 2024 | $54.2 million |
Expo Holdings, LLC (HoldCo), the domestic financing business, sold to Marlin Leasing Corporation (d/b/a PEAC Solutions)Word for word“On June 30, 2025, we completed the sale of 100% of the membership interests of Expo Holdings, LLC, a Delaware limited liability company and our wholly-owned subsidiary (“HoldCo”), to Marlin Leasing Corporation, a Delaware corporation (d/b/a PEAC Solutions) pursuant to the terms of the Membership Interest Purchase Agreement, dated June 20, 2025 (the “Sale Transaction”).” 10-K for 2026 | divestiture | June 30, 2025 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2017-03-31 | $9.1 million | $6.5 million |
| 2018-03-31 | $37.7 million | $28 million |
| 2019-03-31 | $49.8 million | $34.4 million |
| 2020-03-31 | $15 million | $7.4 million |
| 2021-03-31 | $27 million | $8.3 million |
| 2022-03-31 | $0 | $0 |
| 2023-03-31 | $13.3 million | $9.7 million |
| 2024-03-31 | $54.2 million | $25.4 million |
| 2025-03-31 | $124.9 million | $41.3 million |
| 2026-03-31 | $0 | $0 |
Deal filings since 2016
- 2025-07-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2025-06-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-03-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-10-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-05-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-04-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-01-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-08-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-08-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-08-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-02-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Eplus’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024) and the financial data it files with the SEC, as of 2026-05-28. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.