Insight Enterprises Inc. (NasdaqGS:NSIT) entered into a definitive agreement to acquire Datalink Corporation (NasdaqGS:DTLK) for approximately $250 million on November 6, 2016. Under the terms of transaction, Insight Enterprises will acquire shares of Datalink Corporation for $11.25 each. Upon closing, each of Datalink Corporation’s restricted stock units, options, and performance stock unit will be cancelled in exchange for the consideration amount. Insight Enterprises Inc. intends to finance the transaction through a combination of cash on hand and borrowings under its existing revolving credit facilities. Datalink will operate as a wholly-owned subsidiary of Insight Enterprises. In the event of termination of the transaction, Datalink Corporation would be required to pay Insight a termination fee of $7.5 million. Pursuant to the transaction, shares of Datalink will be delisted from NASDAQ. Shawn O’Grady will continue to run the Datalink enterprise data center field business and Patty Hamm and Greg Barnum will exit Datalink Corporation. Datalink reported approximately $770 million in gross revenue and $25 million in EBITDA over the past 12 months. The transaction is subject to certain closing conditions, including regulatory approvals and approval of Datalink Corporation’s shareholders, expiration or termination of any waiting period applicable under the Hart-Scott Rodino Act and the receipt of antitrust approval in Germany, and receipt of the consent of Datalink Corporation’s auditors, among others. As of March 14, 2016, the consent of Datalink Corporation's auditors was received. The Board of Insight Enterprises Inc. has approved the transaction. Datalink Corporation’s Board has unanimously approved the deal and has resolved to recommend shareholders to vote in favor of the transaction. The transaction is expected to close in the first quarter of 2017. The transaction is expected to be accretive to 2017 adjusted earnings per share of Insight. As on December 12, 2016, the transaction was approved by the Federal Trade Commission. J.P. Morgan Securities LLC acted as financial advisor while Stephen M. Kotran and Sarah P. Payne of Sullivan & Cromwell LLP acted as legal advisors for Insight Enterprises Inc. Raymond James & Associates acted as financial advisor for a fee of $4.3 million and Jonathan Zimmerman, Jonathan Nygren, and Brandon Mason of Faegre Baker Daniels LLP acted as legal advisors for Datalink Corporation. Ariel Kouvaras of Sloane & Company and Matt Sullivan of Padilla CRT acted as public relations advisor in the transaction. Martin Wolf LLC acted as strategic advisor to Insight Enterprises, Inc. D'Emanuele, Ross C. Van Horn and Jonathan of Dorsey & Company, Inc. acted as financial advisor to Insight Enterprises Inc. D'Emanuele, Ross C.Van Horn and Jonathan of Dorsey & Whitney LLP acted as legal advisors to Insight Enterprises, Inc. Insight Enterprises Inc. (NasdaqGS:NSIT) completed the acquisition of Datalink Corporation (NasdaqGS:DTLK) on January 6, 2017. Datalink business to contribute between $600 million to $620 million in net sales and to be accretive to Adjusted EPS in 2017, including approximately $12 million of expected amortization expense on acquired intangibles.