CDW · 10-Q · 2026Q3 · Full report

Acquisition / Partnership / Divestiture

CDW Corp · 2026-11-04 · Importance 34 · Surprise 42

CDW acquired Lovelytics Data LLC and certain affiliated entities in 2026, with a substantial portion of the acquisition funded using proceeds from its third-quarter senior-note issuance. The acquisition contributed to the $665 million year-over-year decrease in investing cash flows for the first nine months of 2026. Acquisition and integration expenses were $13.8 million for the third quarter and $16.4 million for the first nine months.

Key facts

• CDW’s investing cash flows decreased $665 million in the nine months ended September 30, 2026, primarily because of the Lovelytics acquisition cash outflow and the prior-year short-term investment maturity cash inflow. source
• CDW faces risks associated with the costs and timely execution of strategic investments, acquisitions, or joint ventures, including integrating acquired businesses and aligning investment efforts with strategic goals. source