Ingram Micro Regent B.V. entered into a definitive agreement to acquire DOCdata Nederland B.V. and DOCdata International B.V. from DOCDATA N.V. (ENXTAM:DOCD) for approximately $180 million on October 13, 2015. Ingram Micro will finance the transaction with cash from available resources. The consideration represents EBITDA 2014 multiple of 9.7x. Michiel Alting von Geusau, Chief Executive Officer of DOCDATA N.V. will continue to lead DOCdata Nederland and DOCdata International reporting directly to Ken Beyer, Ingram Micro Executive Vice President commerce and fulfillment solutions. In case of termination Ingram Micro and DOCDATA both will pay termination fees of 1.25% of enterprise value.

The transaction is subject to approval of shareholders of DOCDATA N.V., court approval, approval from competition authorities of Germany, Netherlands and Austria, approval from Dutch Central Bank and other customary regulatory bodies and other closing conditions. The management board and supervisory board of DOCDATA intend to fully support the proposed transaction and unanimously recommend its shareholders to vote in favor of the approval of the transaction. Management Board and Supervisory Board of DOCDATA have unanimously approved the deal and have recommended shareholders to approve the deal. Shareholders representing 63.9% of DOCDATA's issued share capital have irrevocably undertaken to vote in favor of the transaction. ACM, Dutch consumer and market authority approved the deal on November 20, 2015. As on December 16, 2015, the transaction has been approved by shareholders of DOCDATA N.V. DOCDATA N.V. intends to distribute an amount of €147 million ($167.17 million) to DOCDATA's shareholders through a dividend.

Bakkali, Arwolt van Mameren, Matthijs Lakerveld, Ger van den Brink, Marijn van Baar and Lionel Uijttenhove of NIBC acted as financial advisor for DOCDATA. NautaDutilh N.V. acted as legal advisor and ABN AMRO Bank N.V. acted as transfer agent for DOCDATA. Currency conversions were done through www.oanda.com as of October 13, 2015. Ep Hannema, Rogier de Haan, Joke Everts, Joep Duinker and Simone Heemskerk of Fulbright & Jaworski, LLP acted as legal advisors for Ingram.

Ingram Micro Regent B.V. completed the acquisition of DOCdata Nederland B.V. and DOCdata International B.V. from DOCDATA N.V. (ENXTAM:DOCD) on December 18, 2015.