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On the Record · Presidio

Presidio acquisitions, on the record

The businesses Presidio 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

BusinessDealWhenValue
Atlantix Global Systems, LLC ("Atlantix")
Word for word“On September 22, 2015, we entered into an agreement with a third party for the sale of our Atlantix Global Systems, LLC (“Atlantix”) subsidiary.” 10-K for 2017
divestiture——
Sequoia Worldwide, LLC ("Sequoia")
Word for word“On November 23, 2015, we acquired certain assets and assumed certain liabilities of Sequoia.” 10-K for 2017
acquisitionOn November 23, 2015—
Netech Corporation (the "Netech Acquisition")
Word for word“On February 1, 2016, we acquired certain assets and assumed certain liabilities of Netech Corporation (the "Netech Acquisition").” 10-K for 2017
acquisitionOn February 1, 2016—
Netech Corporation
Word for word“In 2016, we acquired Netech Corporation, an IT solutions provider headquartered in Michigan, which provided us with 11 offices to penetrate significant opportunities in the Midwestern United States.” 10-K for 2018
acquisition2016—
Emergent Networks, LLC ("Emergent")
Word for word“In August 2017, we acquired Emergent Networks, LLC ("Emergent"), an IT solutions provider which expanded our geographic footprint into Minnesota and, in April 2018, we acquired Red Sky Solutions, LLC ("Red Sky"), which expanded our presence in the southwestern United States.” 10-K for 2018
acquisitionAugust 2017—
Red Sky Solutions, LLC ("Red Sky")
Word for word“In August 2017, we acquired Emergent Networks, LLC ("Emergent"), an IT solutions provider which expanded our geographic footprint into Minnesota and, in April 2018, we acquired Red Sky Solutions, LLC ("Red Sky"), which expanded our presence in the southwestern United States.” 10-K for 2018
acquisitionApril 2018—
Atlantix
Word for word“"Revenue from disposed business" represents the removal of the historical revenue of Atlantix prior to the sale of the business.” 10-K for 2018
divestiture——
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Cash received from selling businessesGoodwill from acquisitions
2016-06-30$251.3 million$36.3 million$119.7 million
2017-06-30$0$0$0
2018-06-30$42.8 million$0$22.2 million
2019-06-30$0—$0

Deal filings since 2016

Read from Presidio’s annual reports (10-K for 2019, 10-K for 2018, 10-K for 2017) and the financial data it files with the SEC, as of 2019-08-29. 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.