11 M&A Deals That Reshaped The Channel In July

3. OMERS Private Equity

Company acquired: Epiq Systems

Head count: 1,300 employees

Annual revenue: $505.9 million

Purchase price: $1 billion

Date of announcement: July 27

OMERS Private Equity plans to buy legal IT specialist Epiq Systems and combine it with legal process outsourcing powerhouse DTI.

Shareholders of the Kansas City, Kan.-based company, No. 165 on the 2010 CRN VAR 500, will receive $16.50 in cash per share of stock, a 42-percent premium above the value before media rumors of an acquisition began to circulate.

The combination of Epiq and DTI is expected to deliver significant benefits to clients, including a broadened range of products and services, an expanded geographic footprint, a deeper bench of expertise, and bolstered data security protocols.