ScanSource completes acquisition of Imago Group

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ScanSource Inc. has closed its purchase of Imago Group plc, a European distributor of video and voice communications equipment and services.

ScanSource announced its intent in August to purchase Imago, which has operations in the UK, France and Germany.

Imago offers services such as video conferencing and online meeting technology including video streaming, audio conferencing and IPTV.

The acquisition is expected to be accretive to earnings per share and ROIC in the first year after closing, excluding one-time acquisition costs.

“The Imago team, along with our ScanSource Communications team in Europe led by Rudy De Meirsman, will now total nearly 200 people, delivering video, voice and data solutions from the leading brands,” said Mike Ferney, president of worldwide communications and services for ScanSource, in a release. “As these two teams begin to work together, there will be tremendous cross-selling opportunities for resellers and vendors alike.”

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