Short answer
SCANSOURCE, INC. (SCSC) filed an 8-K current report with the SEC on August 20, 2026 reporting Item 1.01 (Entry into a Material Definitive Agreement), Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). $220.5M cash acquisition of MicroAge, a managed cloud, cybersecurity, data-center and IT-services provider.
SCANSOURCE, INC. 8-K event analysis
AI summary of each reported item and its exhibits
Item 1.01 · Entry into a Material Definitive Agreement
- $220.5M cash acquisition of MicroAge, a managed cloud, cybersecurity, data-center and IT-services provider
- $9.8M escrow, including $6.8M for indemnification claims and $3M for purchase-price adjustments
- September 2026 closing target, subject to Hart-Scott-Rodino clearance and third-party consents
- Strategic expansion into higher-value technology services, with acquisition consideration creating near-term cash funding needs
- Transaction risk includes unmet closing conditions, termination rights, and potential failure to consummate by September 1, 2026
Item 2.02 · Results of Operations and Financial Condition
- Fourth-quarter and fiscal-year results ended June 30, 2026 announced August 20, 2026
- Detailed financial results available in Exhibits 99.1 and 99.2
- Updated investor presentation expected on ScanSource’s website within approximately two weeks
Item EX-99.1 · Exhibit EX-99.1
- Q4 FY26 net sales $953.1M, up 17%; gross profit $119.8M, up 14%
- GAAP diluted EPS $1.24, up 41%; non-GAAP diluted EPS $1.46, up 43%
- Adjusted EBITDA $46.1M, up 19%, with margin expanding to 4.84%
- FY27 outlook: 6%-10% sales growth, adjusted EBITDA $158M-$165M, free cash flow at least $85M
- MicroAge acquisition agreement adds potential services and margin expansion, but remains excluded from FY27 guidance
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other SCANSOURCE, INC. 8-K filings
Get the next SCSC 8-K as it lands
Follow SCSC for push alerts, or ask the research agent what this filing means.