Connection

Connection is a managed service company that provides disaster recovery, threat assessment, networking and collaboration solutions for businesses. Read more

11,034 Followers on Owler
11,034 Followers on Owler
11,034 Followers on Owler
11,034 Followers on Owler

Connection

Connection is a managed service company that provides disaster recovery, threat assessment, networking and collaboration solutions for businesses. Read more

Timothy McGrath's photo - President & CEO of Connection

President & CEO

Timothy McGrath

CEO Approval Rating

65/100

Founded:

1982

Status:

PublicIndependent CompanyNASDAQCNXN

CONNECTION TOP COMPETITORS OR ALTERNATIVES

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COMPANY

CEO

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CDW is one of Connection's top rivals. CDW's headquarters is in Vernon Hills, Illinois, and was founded in 1984. Like Connection, CDW also competes in the IT Services industry. CDW generates 752% of Connection's revenue.

Insight has been one of Connection's top competitors. Insight was founded in 1988 in Tempe, Arizona. Insight operates in the Technology Hardware industry. Insight generates $5.9B more revenue than Connection.

SHI is one of Connection's top competitors. SHI was founded in Somerset, New Jersey} in 1989. SHI is in the Electrical Components & Equipment industry. Compared to Connection, SHI generates $8.6B more revenue.

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Connection Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$2.5B

Connection's revenue is the ranked 7th among it's top 10 competitors. The top 10 competitors average 4.5B. Over the last four quarters, Connection's revenue has grown by 15.8%. Specifically, in Q1 2021's revenue was $636.9M; in Q4 2020, it was $675.7M; in Q3 2020, it was $652.8M; in Q2 2020, Connection's revenue was $550M.

Connection Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
GlobalServe, Inc.

Oct 2016

Source »
undisclosed
GlobalServe develops a procurement engine platform that provides web-based access to complete dashboard and transaction information on IT assets.
Softmart, Inc.

May 2016

Source »
undisclosed
Softmart operates as a reseller of software, hardware and IT services and products to enterprise, mid-market and small business.

-

Amherst Technologies L.L.C.

Oct 2005

Source »
$7.8M
-

-

-

Mar 2002

Source »
$21M
-
Merisel, Inc.

Jan 2000

Source »
undisclosed
-

These are all the companies that Connection has acquired. Connection has acquired 5 companies and its latest acquisition was GlobalServe, Inc. in Oct 2016. GlobalServe develops a procurement engine platform that provides web-based access to complete dashboard and transaction information on IT assets.

Connection Funding History

Since Connection was founded in 1982, it has participated in 1 round of funding. In total Connection has raised $54.7M. Connection's funding round was on Aug 1998 for a total of $54.7M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Aug 1998
$54.7M

Since Connection was founded in 1982, it has participated in 1 round of funding. In total Connection has raised $54.7M. Connection's funding round was on Aug 1998 for a total of $54.7M

Connection Investments

No recent investments found related to Connection

These are all the companies that Connection has invested in. Connection has invested 5 companies and its latest investment was GlobalServe, Inc. in Oct 2016. GlobalServe develops a procurement engine platform that provides web-based access to complete dashboard and transaction information on IT assets.

Connection News

February 24, 2021MarketScreener

(CNXN) Reports Fourth Quarter and Full Year 2020 Results

(marketscreener.com) FOURTH QUARTER SUMMARY: Gross profit: $108.9 million, down 6.2% y/y Net income: ... See more »
February 22, 2021Markets Insider

What Wall Street expects from PC Connection's earnings

On February 24, PC Connection reveals figures for Q4.Wall Street predict expect PC Connection will re... See more »
February 11, 2021MarketScreener

(CNXN) to Release Fourth Quarter and Full Year Results For 2020

(marketscreener.com) Connection , a leading information technology solutions provider to business, go... See more »
December 29, 2020Daily Host News

Connection (CNXN) Announces a Special Dividend to Shareholders

MERRIMACK, N.H.-(BUSINESS WIRE)-Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information... See more »
December 3, 2020Zolmax News

PC Connection (NASDAQ:CNXN) & Airborne Wireless Network (OTCMKTS:ABWN)

PC Connection (NASDAQ:CNXN) and Airborne Wireless Network (OTCMKTS:ABWN) are both small-cap retail/wh... See more »

Connection Blogs

May 1, 2021Connection Blog

Meet the Challenges of the Changing...

When the pandemic started, you probably scrambled a bit to quickly develop educational continuity pla... See more »
April 30, 2021Connection Blog

Why Business Continuity and Disaster...

If the past year has taught IT and business leaders one thing, it's to expect the unexpected. And mor... See more »
April 28, 2021Connection Blog

Can You Afford to Not Have a Hybrid Cloud...

It's an ongoing question that IT and business leaders wrestle with: Where should critical data be sto... See more »
April 21, 2021Connection Blog

My Network Is Killing My Smart Store Goals

I never realized how complicated the term "network optimization" really was or how it affected my bus... See more »
April 20, 2021Connection Blog

Solve Your IT Hiring Challenges

We have all heard that small and medium-sized businesses face enterprise-sized challenges, and that i... See more »
April 15, 2021Connection Blog

Your Secret Weapon for Successful Digital...

For nearly a decade, companies have been discussing their digital transformation. And in the past yea... See more »
April 7, 2021Connection Blog

Nervous After the HAFNIUM Attacks? It's...

If you missed the recent news, there has been a significant nation-state attack on Microsoft Exchange... See more »

Connection Press Releases

June 9, 2020StreetInsider

Connection Honored by Intel With U.S. Partner of the Year for Excellence in Accelerating Innovation Award

MERRIMACK, N.H.--(BUSINESS WIRE)-- Connection (PC Connection, Inc.; NASDAQ:...... See more »
October 15, 2019Business Wire

PC Connection, Inc. (CNXN) to Release Third Quarter Results For 2019

MERRIMACK, N.H.--(BUSINESS WIRE)--Connection (PC Connection, Inc.; NASDAQ: CNXN), an industry-leading... See more »
August 1, 2019Business Wire

Connection (CNXN) Reports Record Second Quarter 2019 Results

MERRIMACK, N.H.--(BUSINESS WIRE)--Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading technolog... See more »
May 29, 2019Business Wire

Connection® Public Sector Solutions Awarded DoD Contract

MERRIMACK, N.H.--(BUSINESS WIRE)--lt;a href="https://twitter.com/search?q=%24CNXN&src=ctag" target="_... See more »
May 7, 2019GlobeNewswire

2019 Summary Expectations for Gladstone Capital, PC Connection, Equity Residential, and Knoll - Fundamental Analysis, Key Performance Indications

NEW YORK, May 07, 2019 (GLOBE NEWSWIRE) -- In new independent research reports released early this mo... See more »
February 8, 2019CENTRALCHARTS

Connection (CNXN) Reports Fourth Quarter and Full Year Results

Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading technology solutions provider to business, ... See more »
January 24, 2019streetinsider

Connection (CNXN) to Release Fourth Quarter and Full-Year Results for 2018

MERRIMACK, N.H.--(BUSINESS WIRE)-- Connection (PC Connection, Inc.; NASDAQ: CNXN), an industry-leadin... See more »

Connection Videos

March 15, 2021Connection Youtube Channel

"Connection Mobility Services" on YOUTUBE

March 15, 2021Connection Youtube Channel

"Connection Managed Print Services" on YOUTUBE

December 18, 2020Connection Youtube Channel

"Shifting Gears Retail Webinar" on YOUTUBE

August 15, 2019PC Connection Youtube Channel

"Devices Geared Toward Education" on YOUTUBE

August 15, 2019PC Connection Youtube Channel

"Lenovo in the Classroom" on YOUTUBE

August 15, 2019PC Connection Youtube Channel

"HP Technology Designed for Education" on YOUTUBE

July 12, 2019PC Connection Youtube Channel

"#CNXNSummit19 Aha Moments - Leadership" on YOUTUBE

Social Media

Connection Headquarters

730 Milford Road

Merrimack, New Hampshire03054

603-683-2000

Driving Directions »

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Connection Summary

ABOUT

Overview

PC Connection, Inc. (NASDAQ: PCCC) operates as a provider of cloud computing, network, and storage optimization solutions. PC Connection, Inc., a Fortune 1000 company, has three wholly owned sales subsidiaries: PC Connection Sales Corporation, MoreDir...

CEO

Connection's President & CEO, Timothy McGrath, currently has an approval rating of 65%. Connection's primary competitors are CDW, Insight & SHI.

Website

pcconnection.com

Frequently Asked Questions about Connection

  1. When was Connection founded?

    Connection was founded in 1982
  2. Who is Connection's CEO?

    Connection's CEO is Timothy McGrath
  3. How much revenue does Connection generate?

    Connection generates $2.5B in revenue
  4. How much funding does Connection have?

    Connection has historically raised $54.7M in funding
  1. Where is Connection's headquarters?

    Connection's headquarters is in Merrimack New Hampshire, USA
  2. How many employees does Connection have?

    Connection has 2,513 employees
  3. What sector does Connection operate in?

    Connection is in IT Services, Data Center
  4. Who are Connection's competitors?

    Connection's top competitors are CDW, Insight, SHI