ALSO has prepared a PPA following its acquisition of Westcoast
March 2025 — After acquiring Westcoast Ltd., ALSO Holding AG has become Europe’s largest technology provider. Following this transaction, a purchase price allocation (PPA) was prepared for accounting purposes.
ALSO is a leading technology provider that operates as a B2B marketplace, offering services in information and communications technology (ICT) and related industries. Its portfolio spans supply, solutions and services, covering hardware, software, IT services and cloud-based offerings. The company connects more than 120,000 resellers with over 700 vendors, enabling digital transformation through efficient distribution, value-added services and innovative solutions such as cybersecurity, cloud platforms and IoT. ALSO is headquartered in Switzerland and listed on the SIX Swiss Exchange.
Westcoast is a major technology distributor founded in 1984, supplying IT products such as servers, storage and software to businesses and the education sector in the UK and across Europe. Based in Theale, UK, Westcoast distributes leading brands including HP, Dell and Apple to a wide network of resellers and retailers.
Our role in the transaction
Oaklins’ team in Switzerland advised ALSO during the post-transaction phase and prepared a PPA report in accordance with IFRS 3. The report detailed the allocation of the consideration paid to all identifiable assets acquired and liabilities assumed.
Talk to the deal team
Related deals
DIGMATIX has entered the Czech market through the acquisition of LLP CRM
DIGMATIX has acquired LLP CRM, a Czech Microsoft Dynamics 365 Customer Engagement specialist. The acquisition marks DIGMATIX’s entry into the Czech market and strengthens the group’s capabilities in customer relationship management (CRM), sales automation, customer service and AI-powered business solutions.
Learn moreDIGMATIX has entered Romania through the acquisition of Elian Solutions
DIGMATIX, one of the largest providers of Microsoft Business Applications solutions in the region, has acquired Elian Solutions, a Romanian Microsoft Dynamics 365 partner, together with its subsidiary Elian Development Systems. Through the acquisition, DIGMATIX expands its operations into Romania and strengthens its position as a regional leader in the implementation and development of Microsoft Business Applications solutions. The acquisition was financed by an investment from DIGMATIX’s majority shareholder, Baltic private equity fund Livonia Partners, together with financing provided by SEB Bank.
Learn moreEducbank has been acquired by Cogna
Cogna Educação, through its subsidiary Somos Sistemas de Ensino, has acquired an additional 47% stake in Educbank for approximately US$8.9 million, increasing its ownership from 43% to 90% and consolidating control of the platform. The transaction expands Cogna’s presence beyond its traditional enrollment-driven education business into the financial infrastructure that underpins school tuition collection.
Learn more