Irish tech suppliers merge to create €150m-revenue powerhouse

Arkphire and Trilogy claim union is “first major move” towards consolidation of Irish managed services space

Two top Irish tech suppliers have combined to create what they claim is the "largest and fastest-growing Irish-headquartered IT procurement and IT managed services business".

Akrphire has acquired fellow Dublin firm Trilogy Technologies, creating a business with close to €150m revenues and 220 staff.

Founded in 2009, managed services provider Trilogy expanded into the UK in 2014 by acquiring storage VAR B2lateral.

Dell EMC Titanium and HP Gold partner Akrphire also boasts a presence in London, as well as Sao Paulo, Singapore, Tel Aviv and Tokyo. It specialises in product procurement and IT services.

The duo claim their union is the "first major move" towards consolidation of the Irish managed services space.

The two firms will remain as distinct businesses initially, with Trilogy co-founder and MD Edel Creely joining the Arkphire board.

Arkphire CEO Paschal Naylor (pictured above, with Creely) described Trilogy as "one of Ireland's most highly regarded ICT managed services companies".

"This development is a positive step for both Arkphire and Trilogy Technologies, which together have a shared ambition to continue to scale both in Ireland and internationally and to respond to the needs of the market with a stronger, more comprehensive IT services offering from our combined resources," he said.

"The move will accelerate our ambition to invest and scale the business where our combined capabilities will allow us to exploit new opportunities to grow the business both in Ireland and internationally," Creely added.