Apogee completes UKI acquisition hat trick

Managed print player completes acquisitions in Wales, Scotland and Ireland this year

Managed print firm Apogee has acquired Ireland-based Hibernian Business Equipment, completing a trio of acquisitions in Wales, Scotland and Ireland this year.

Apogee snapped up Scotland-based Direct Business systems last month, having received funding from private equity investor Equistone Partners in September.

Last month Apogee director Gary Downey told CRN to expect a further acquisition in November, and the firm has now completed the takeover of print technology and services supplier Hibernian.

The acquisition will give Apogee its first physical presence in Ireland.

"Apogee already has a number of Irish clients who historically we supported through our mainland-based resources and partners, but through this acquisition we now have a new operational base in Ireland," said Apogee's joint CEO Jason Collins.

"Hibernian is a really strong, well-developed business with great coverage, operations and technical expertise and I'm really pleased that we have completed the acquisition."

Hibernian operates in the commercial and private sectors, and has offices in Limerick, Dublin and Galway.

Managing director Gerald Wall will continue to lead operations in Ireland, having founded the business 25 years ago.

"The business has grown at a terrific rate in recent years and we have secured some great clients but as part of Apogee we will have an even more compelling offering in the marketplace," he said.

"Access to Apogee's range of unique agreements, increased purchasing power and specialist resources of project management and professional services will help us compete for larger organisations and I'm looking forward to winning new business as part of the Apogee Group."

Apogee completed the acquisition of Welsh MSP kon-x Wales earlier this year.

Outside the UK and Ireland the firm acquired German Canon partner BAS Burosysteme earlier this year, and Downey told CRN to expect further expansion across northern Europe.