Market Overview

ScanSource Acquires Professional Services Business, Canpango


Opens up full service CRM and expands CCaaS and UCaaS opportunities
for partners

ScanSource, Inc. (NASDAQ:SCSC), a leading global provider of technology
products and solutions, today announced the acquisition of Canpango, a
longstanding Salesforce implementation and consulting partner. Canpango
provides professional services for companies across the globe, including
Salesforce solution configuration and implementation, business process
consulting, training and education, application development, data
migration and reporting.

With this acquisition, ScanSource and Intelisys partners can build out
their customer relationship management (CRM) capabilities and
professional services offering without starting their own practice. CRM
is essential for a successful customer experience and the gateway to
other opportunities. With Canpango's expertise and resources, partners
can uncover and expedite new revenue streams and opportunities, such as
CRM and customer support solutions integrated directly with contact
center as a service (CCaaS) and unified communications as a service

"As our partners continue to move upmarket into larger, more complex
UCaaS and CCaaS opportunities, the requirements for CRM are increasing.
The team at Canpango brings extensive experience around these
technologies, as well as the professional services needed to make these
solutions successful," said Mike Baur, CEO, ScanSource, Inc. "We
continually look for new markets for our partners to delve into and are
excited about the opportunities this acquisition brings. We welcome the
Canpango team to the ScanSource family."

"CRM is at the core of every customer conversation, as reliable data
allows for more meaningful customer relationships. The CRM conversation
provides a natural entrance point for partners to extend their current
offerings beyond UCaaS and CCaaS to include CRM, marketing automation,
business consulting services and more," said Matt Lautz, co-founder and
CEO, Canpango. "We are excited to join the ScanSource team and to
deliver the professional services that can help both ScanSource and
Intelisys partners accelerate these business opportunities."

Canpango has approximately 70 employees and is headquartered in
Milwaukee, WI, with offices in Chicago, New York, London and Port
Elizabeth, South Africa. Matt Lautz, along with the Canpango team, will
join ScanSource. Lautz will lead Canpango as ScanSource's CRM and
business process consulting practice, broadening the company's reach and
continuing to build a long-lasting global relationship with Salesforce
and the growing partner community. Previously, he was a co-founder and
CEO of Corvisa, a cloud communications provider that was sold in January
of 2016 to ShoreTel, a long-time strategic vendor partner of ScanSource.

The acquisition closed on August 20, 2018. The terms of the agreement
were not disclosed.

For more information on ScanSource, please visit

About ScanSource, Inc.

ScanSource, Inc. (NASDAQ:SCSC) is a leading global provider of
technology products and solutions, focusing on point-of-sale (POS),
payments, barcode, physical security, unified communications and
collaboration, cloud and telecom services. ScanSource's teams provide
value-added solutions and operate from two segments, Worldwide Barcode,
Networking & Security, which includes POS Portal, and Worldwide
Communications & Services, which includes Intelisys. ScanSource is
committed to helping its customers choose, configure and deliver the
industry's best solutions across almost every vertical market in North
America, Latin America and Europe. Founded in 1992 and headquartered in
Greenville, South Carolina, ScanSource was named one of the 2018 Best
Places to Work in South Carolina and on FORTUNE magazine's 2018
List of World's Most Admired Companies. ScanSource ranks #653 on the
Fortune 1000. For more information, visit

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