Global tech services and solutions provider Presidio confirmed this afternoon it is to acquire Dublin’s Ergo in a deal reported to be worth $100m.
The deal will significantly expand Presidio’s presence in Ireland and the UK, “bringing together industry leaders with complementary strengths”, Presidio said in a statement today, after The Currency first reported the news yesterday, estimating the deal at around €100m.
“Acquiring Ergo will mark an important step in Presidio’s European growth,” said Bob Cagnazzi, CEO of Presidio. “This will enhance our capabilities in a key market, add proven leadership and expertise, and position us to deliver even greater value to clients across the region.”
“What excites me most about joining Presidio is that they recognise what made us successful: our people, our client relationships, and our commitment to the Irish technology community,” said Paul McCann, CEO of Ergo.
“Our team has built something special, and being a part of Presidio will give us the resources and scale to accelerate our growth while maintaining the culture and client-first approach that defines us. This is about taking what works and making it even stronger.”
Presidio’s Bríd Graham, senior vice-president for Europe and Asia Pacific, said Ireland is a critical technology hub for Europe.
“Having Ergo join Presidio will build upon the strong foundation our team has established,” she said. “Together we’ll be a leading technology services and solutions provider in the Irish market with the talent and scale to better serve local and public sector clients and the hundreds of multinational firms that have chosen Ireland as their European base.”
Founded in 1993 by entrepreneur and investor John Purdy, Ergo’s expertise includes cloud, security, data and AI, licensing, and IT resourcing. It holds top accreditations with leading vendors from Microsoft and Broadcom to Dell, and is currently Microsoft Partner of the Year in Ireland.
Don’t miss out on the knowledge you need to succeed. Sign up for the Daily Brief, Silicon Republic’s digest of need-to-know sci-tech news.
