Irish cybersecurity and cloud companies specialist Ekco has acquired managed IT companies supplier Unity Expertise Options for an undisclosed sum.
That is know-how M&A deal quantity 725 that ChannelE2E has coated to date in 2022. See greater than 1,000 know-how M&A offers involving MSPs, MSSPs & IT service suppliers listed right here.
Ekco Acquires Unity Expertise Options
Ekco, based in 2015, is predicated in Dublin, Eire. The corporate has 173 staff listed on LinkedIn. Ekco’s areas of experience embrace managed cloud companies, infrastructure, networking, and safety.
Unity Expertise Options, based in 1996, is predicated in Dublin, Eire. The corporate has 69 staff listed on LinkedIn. Unity’s areas of experience embrace Cloud Providers – personal, public or hybrid cloud, Knowledge Infrastructure, Unified Communications, Safety, IT Contract Resourcing, and Managed Providers.
The acquisition will improve Ekco’s annual income to €105 million (about USD$108.5 million) and its headcount to greater than 500 throughout Eire, the UK, and the Netherlands, the corporate stated.
Unity has a very sturdy Microsoft follow and a buyer base that features firms like Musgrave Group, SEAI, Sherry FitzGerald, the Residential Tenancies Board, and Vodafone.
Ecko Acquires Unity: Govt Perception
Eoin Blacklock, CEO, Ekco
Eoin Blacklock, CEO, Ekco, commented:
“Unity is a pure match for Ekco and enhances our dedication of serving to organisations make the transition to safe cloud in a method that strengthens their enterprise and accelerates development. We’re bold for the brand new Ekco and stay up for bringing our purchasers the enterprise advantages of our mixed funding and know-how innovation.”
David Hargaden, CEO, Unity, stated:
“Ekco shares our customer-centric enterprise philosophy, which has been a key driver in our success. I stay up for introducing Unity’s clients to the complete portfolio of Ekco’s cybersecurity companies and to becoming a member of the Ekco senior management group.”
Ecko’s Development Path
Ekco has accomplished numerous different Irish acquisitions over the previous 12 months. Most not too long ago, Ekco acquired cybersecurity companies supplier, Kontex Safety Restricted and with it a employees of 60 know-how professionals. Previous to this, Ekco acquired cybersecurity consultancy Ward Options.
Ekco has efficiently accomplished three funding rounds, the newest of which was €20.25 million (about USD$20.9 million) closed throughout the final 12 months.
Of the corporate’s development, Blacklock stated:
“Our technique of buying highly-specialized cybersecurity and cloud service suppliers will proceed. We search for organizations with groups of highly-skilled know-how professionals which have the identical DNA as us and share our enterprise ethos of offering an area, private service that large-scale suppliers can’t.”
