.
MergerLinks Header Logo

Announced

Completed

Investcorp-backed Calligo completed the acquisition of Itomic Voice & Data.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Ireland

Friendly

IT Services: Other

IT managed services

Acquisition

Completed

Private Equity

Private

Majority

Single Bidder

Cross Border

Synopsis

Edit

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.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US