On 12 October 2007, Chicago based private equity firms Madison Dearborn Partners and Providence Equity Partners completed a $7 billion acquisition of CDW. It went public again through an initial public offering on the NASDAQ
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Is CDW Corporation (CDW) a good stock to buy?
When you buy a stock there is always a possibility that it could drop 100%. But on the bright side, you can make far more than 100% on a really good stock. One great example is CDW Corporation ( NASDAQ:CDW) which saw its share price drive 265% higher over five years.
How much does CDW pay in US?
How much does CDW in the United States pay? The average CDW salary ranges from approximately $33,825 per year for Account Executive to $148,092 per year for Technical Lead. Average CDW hourly pay ranges from approximately $12.75 per hour for Client Services to $57.45 per hour for Customer Success Manager.
What does CDW stand for?
What Does CDW Mean? By definition, CDW stands for collision damage waiver. It is a term most frequently associated with rental car insurance coverage. While some areas require rental car companies to include a collision damage waiver fee in the cost of the car rental, it may not be required where you are traveling.
How many employees does CDW have?
CDW was founded in 1984, and its stock went public the first time in 1993. It currently generates about $18 billion in revenue, has about 10,000 employees, and has a market valuation of about $18 billion as well. CDW originally stood for Computer Discount Warehouse, but today the official name is CDW Corporation.
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Is CDW a Fortune 500 company?
A Fortune 500 company and member of the S&P 500 Index, CDW was founded in 1984 and employs approximately 14,600 coworkers. For the trailing twelve months ended June 30, 2022, CDW generated Net sales of approximately $23 billion.
Is CDW stock a buy?
CDW has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings.
Is CDW a Fortune 100 company?
CDW debuted on the Fortune 500 in 2001, at No. 435. Today, the company stands at No. 191.
Who is the owner of CDW?
Michael Krasny (businessman)Michael KrasnyEducationUniversity of IllinoisOccupationBusinessmanKnown forFounder of CDW CorporationSpouseMarried3 more rows
Is CDW a good company?
CDW is proud to be recognized by the annual 2021 Glassdoor Employees' Choice Awards as a Best Place to Work, among U.S. companies with more than 1,000 coworkers. Companies earn the award through feedback coworkers have shared voluntarily and anonymously on Glassdoor, which makes the recognition all the more meaningful.
Where is CDW on the Fortune 500 list?
Today, the company stands at No. 178. CDW's rise in the rankings highlights its sustainable, profitable growth over the years, from $4 billion in sales in 2001 to more than $18 billion in 2019. Check out the infographic for more on CDW's Fortune 500 history, including company milestones along the way.
Where does CDW rank in the Fortune 500?
435. Today the Illinois company is public once again, thanks to a 2013 IPO on the Nasdaq, and counts more than 10,000 employees and 250,000 customers.
What is CDW CEO salary?
$8,943,903Compensation by CompanyName And TitleTotal CompensationChristine A. Leahy President and Chief Executive OfficerTotal Compensation $8,943,903 View detailsChristina M. Corley Chief Commercial and Operating OfficerTotal Compensation $4,545,713 View details4 more rows
What CDW means?
Collision Damage WaiverWhat Is a Collision Damage Waiver? A collision damage waiver (CDW) is additional insurance coverage offered to an individual renting an automobile. A collision damage waiver is optional, with the cost of the waiver dependent on a variety of factors, including the type of rental car and where the car is being driven.
What does CDW G stand for?
Definition. CDW-G. CDW - Government (formerly Computer Discount Warehouse - Government) Copyright 1988-2018 AcronymFinder.com, All rights reserved.
What is the annual revenue of CDW?
CDW revenue for the twelve months ending June 30, 2022 was $22.932B, a 16.43% increase year-over-year. CDW annual revenue for 2021 was $20.821B, a 12.74% increase from 2020. CDW annual revenue for 2020 was $18.468B, a 2.41% increase from 2019. CDW annual revenue for 2019 was $18.032B, a 11.03% increase from 2018.
How many employees does CDW have?
13,900CDW / Number of employees (December 2021)
Is Insight a Fortune 500 company?
373 on this year's Fortune 500 rankings of the largest corporations in the United States, based on revenue for the 2021 fiscal year. In its 12th consecutive year as a Fortune 500 company, Insight ranks as the sixth most prolific information technology services corporation.
Where is CDW corporate headquarters?
Vernon Hills, ILCDW / HeadquartersVernon Hills is a suburb north of Chicago, Illinois in Lake County, Illinois, United States. The population was 26,850 at the 2020 census. Vernon Hills serves as a retail hub for its surrounding area. Wikipedia
What is CDW Corporation?
CDW Corporation (Nasdaq:CDW) is a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in the United States, the United Kingdom and Canada.
When was CDW founded?
A Fortune 500 company and member of the S&P 500 Index, CDW was founded in 1984 and employs over 10,000 coworkers. For the trailing twelve months ended March 31, 2021, the company generated Net sales of approximately $19 billion. For more information about CDW, please visit www.CDW.com.
What is CDW Corporation?from cdw.com
CDW Corporation (Nasdaq:CDW) is a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in the United States, the United Kingdom and Canada.
Who is CDW?from en.wikipedia.org
CDW was originally incorporated in 1984 as "MPK Computing" by its founder Michael Krasny. The idea was born when Krasny took a small ad in a free-circulation newspaper to sell his computer and printer. It later became Computer Discount Warehouse and then simply CDW. In early 2006, CDW opened a 513,000-square-foot (47,700 m 2) ...
What is the ranking of CDW?from en.wikipedia.org
As of 2018, CDW ranked 189th on the Fortune 500 list of the largest United States corporations by revenue. In 2005, CDW launched BizTech magazine, which it publishes on quarterly basis.
What is CDW non profit?from en.wikipedia.org
CDW Non-Profit, a sector founded in 2007, assists in providing affordable technology tools and services to associations, foundations, governmental departments, religious and social service organizations. The Brookings Institution, Salvation Army, PCAOB, Aids Healthcare Foundation, The Metropolitan Museum of Art and American Heart Association are some of their clients.
What is CDW in Illinois?from en.wikipedia.org
CDW Corporation, headquartered in Lincolnshire, Illinois, is a provider of technology products and services for business, government and education. The company has a secondary division known as CDW-G, devoted solely to United States governmental entities, such as K-12 schools, universities, non-profit healthcare organizations, State & Local and the Federal government.
When was CDW founded?from cdw.com
A Fortune 500 company and member of the S&P 500 Index, CDW was founded in 1984 and employs over 10,000 coworkers. For the trailing twelve months ended March 31, 2021, the company generated Net sales of approximately $19 billion. For more information about CDW, please visit www.CDW.com.
When did CDW go public?from en.wikipedia.org
It went public again through an initial public offering on the NASDAQ market on July 2, 2013 under the name CDW Corporation (the parent company since 2010). CDW LLC and CDW Finance Corporation are wholly owned subsidiaries.
What is CDW Corporation?
CDW Corporation is a provider of information technology solutions to business, government, education, and healthcare customers. The company sells a range of hardware products such as mobile devices, tablets, network communications, desktop computers, video monitors, enterprise and data storage, printers, and servers, ...
Who are the competitors of CDW?
Competitors of CDW include Bechtle, Computacenter and Accenture.
When did CDW go public?
CDW was publicly traded from 1993 until 2007 (when it went private in a $7.3 billion deal by Madison Dearborn Partners and Providence Equity Partners) and it made its Fortune 500 debut in 2001 at No. 435.
What is CDW software?
CDW. CDW provides technology products and services—from hardware to security systems to cloud computing —for businesses, schools, and the government. Founded in 1984, the company emerged from a $3 Chicago Tribune classified advertisement to sell a used computer in 1982.
What does CDW sell?
In the early 2000s, CDW mainly sold desktops, laptops, and printers. Today, it still sells the latest computer and device hardware, but also sells products for data centers, networks, cybersecurity, mobility, virtualization, collaboration, automation, the public/private/hybrid cloud, and software as a service.
Why is CDW a good company?
One of the benefits of operating under private equity ownership is you get very focused on aggressively managing working capital and cash conversion very quickly because those cash flows are needed to service the large debt load. Today, CDW's balance sheet is much healthier, but it is still operating under its tougher efficiency guidelines, especially with regards to monitoring the cash in and out of the business. It's just built into this company's corporate DNA now.
What is CDW technology?
CDW has shifted from selling discrete technology products to selling integrated technology solutions to include technology road-map planning (advisory), design, installation, ongoing maintenance and support, and then eventual renewal. In other words, CDW provides support across the entire IT life cycle, and by doing so it creates long-term, sticky customer relationships. To support this business model shift, CDW has increased its hiring of technology engineers and specialists to provide these higher-margin services.
How much share does CDW have?
And here's where it gets exciting: Even though it only has 5% share, CDW is by far the largest player in this highly fragmented market with tens of thousands of smaller competitors, so there is a very long runway of attractive top-line growth from market share gains and occasional acquisitions.
What is CDW software?
CDW is a value-added reseller of a variety of technology products and a provider of business-to-business information technology solutions.
Why is CDW so successful?
CDW is operating with lots of business momentum because of solid execution, its business model shift, and the digital revolution. From 2014-2019, this was CDW's five-year compound annual growth rate (CAGR) in various metrics:
How much does CDW Corp have?
Image source: CDW Corp. CDW operates in a large and growing market. It currently has a 5% share of a $360 billion total addressable market and is consistently growing its share. In the span of 2009-2019, CDW grew sales at 1.8 times the market rate (or by 4.4% compounded annually).
What is CDW Corporation?from cdw.com
CDW Corporation (Nasdaq:CDW) is a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in the United States, the United Kingdom and Canada.
When will CDW close?from cdw.com
The transaction is expected to close in December 2021, subject to receipt of regulatory approvals and the satisfaction of other customary closing conditions. CDW has committed financing for the transaction. Upon completion of the transaction, CDW expects to have an initial net leverage ratio of approximately 3.3x4. The Company will target deleveraging to approximately 2.5x to 3.0x by the end of 2022 in alignment with its capital allocation priorities.
What are the advantages of CDW?from investor.cdw.com
CDW’s success has been driven by the interconnection of unique competitive advantages: our scale and scope, performance-driven culture, highly skilled sales and services capabilities, robust distribution facilities, and established international presence. These competitive advantages have allowed CDW to consistently outperform in a highly fragmented $360 billion addressable market and to successfully execute on our three-part strategy for growth: (1) capture share and acquire new customers, (2) enhance capabilities in high-growth solution areas, and (3) expand services capabilities.
When was CDW founded?from cdw.com
A Fortune 500 company and member of the S&P 500 Index, CDW was founded in 1984 and employs over 10,000 coworkers. For the trailing twelve months ended March 31, 2021, the company generated Net sales of approximately $19 billion. For more information about CDW, please visit www.CDW.com.
When is CDW conference call 2021?from cdw.com
CDW will hold a conference call today, October 18, 2021 at 7:00 am CT to discuss the transaction. The conference call, which will be broadcast live via the Internet, and a copy of this press release along with supplemental slides used during the call, can be accessed on CDW’s website at investor.cdw.com. For those unable to participate in the live call, a replay of the webcast will be available at investor.cdw.com approximately 90 minutes after the completion of the call and will be accessible on the site for approximately one year.
When will CDW pay dividends?from finance.yahoo.com
CDW Corporation (Nasdaq: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in the United States, the United Kingdom and Canada, today announced that its Board of Directors has declared a quarterly cash dividend of $0.40 per common share to be paid on June 10, 2021 to all stockholders of record as of the close of business on May 25, 2021. This amount represents a 5.3 percent increase over last year’s dividend. Future dividends will be subject to Board of Director approval.
Can CDW Corporation share your information?from investor.cdw.com
At CDW Corporation, we promise to treat your data with respect and will not share your information with any third party. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. If you experience any issues with this process, please contact us for further assistance.
Where is CDW Direct located?from dnb.com
Company Description: Cdw Direct, LLC is located in Vernon Hills, IL , United States and is part of the Professional and Commercial Equipment and Supplies Merchant Wholesalers Industry. Cdw Direct, LLC has 5 total employees across all of its locations and generates $7.95 million in sales (USD). (Sales figure is modelled). There are 71 companies in the Cdw Direct, LLC corporate family.
What is discount computer?from discount-computer.com
At Discount-Computer.com, we are dedicated to providing you with the high-quality computer that offers the reliability and performance you need at a price that works with your budget. To help protect your investment, consider adding an extended warranty. For more information about products or help placing an order, please contact us today. We’ll help you find the right computer for you!
Who is the chief revenue officer of CDW?from cdw.com
Leahy has held numerous roles at CDW, most recently serving as chief revenue officer, where she was responsible for all customer-facing units of the company including its corporate, public, small business, international and integrated technology solutions organizations.
Who is Leahy from CDW?from cdw.com
In addition, Leahy is a founder and a sponsor of CDW’s Women’s Opportunity Network, a business resource group that actively and strategically supports women’s advancement at CDW.
