ScanSource, Inc. Completes Acquisition of MicroAge; $225M Credit Draw

What Happened

• ScanSource, Inc. announced on September 2, 2026 that it completed the previously announced acquisition of all issued and outstanding capital stock of MicroAge Acquisition Corp. The company paid $220.5 million in cash at closing and funded the transaction by borrowing approximately $225 million under its revolving credit facility (Item 2.03). ScanSource also established escrows of $3.0 million and $6.8 million to cover post-closing purchase price adjustments and indemnification claims, respectively. A press release dated September 2, 2026 was attached as Exhibit 99.1 and is available on ScanSource’s website.

Key Details

• Purchase price paid at closing: $220.5 million cash.
• Escrow amounts: $3.0 million (purchase price adjustments) and $6.8 million (indemnification).
• Credit facility draw: approximately $225 million borrowed under the revolving credit facility established by the Credit Agreement dated December 18, 2025 (creation of a direct financial obligation).
• Disclosure filed: Form 8-K dated September 2, 2026 with press release attached as Exhibit 99.1.

Why It Matters

• The acquisition expands ScanSource’s business through ownership of MicroAge; the transaction was financed primarily with debt, increasing the company’s outstanding borrowings and related interest and repayment obligations.
• The escrowed amounts and pending post-closing working capital adjustments mean the final net purchase consideration could change.
• Investors should note the increased leverage and monitor future disclosures for integration progress, any changes from working capital adjustments, and impacts on liquidity and earnings.