Announced
Completed
Financials
Tags
Ireland
Friendly
IT Services: Other
IT managed services
Acquisition
Completed
Private Equity
Private
Majority
Single Bidder
Cross Border
Synopsis
Investcorp-backed Calligo, a managed data services provider, completed the acquisition of Itomic Voice & Data, a Cork and Dublin-based IT managed services provider. Financial terms were not disclosed. "With the addition of Itomic Voice & Data, we are now one of the largest IT service providers in Ireland, with sizeable presence in both Cork and Dublin – Ireland’s two largest economic regions – and the capability to serve businesses throughout the country. We focused our current expansion strategy on Ireland because of its growing number of innovative businesses developing new data-reliant tools and services. We believe Irish businesses stand to gain enormously from our services and expertise, particularly in international data privacy," Julian Box, Calligo Founder and CEO.
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