€150m-revenue services giant created as Arkphire completes Trilogy deal

Arkphire says the ambition of the €150m merged company is to become an 'Irish IT champion'

Irish IT procurement and services company, Arkphire, has announced the completion of its acquisition of local rival Trilogy Technologies Group, which it claims has created the largest IT procurement and managed services business in Ireland.

The newly merged MSP has combined revenues of close to €150m, with a headcount of 220 people.

The announcement follows formal approval from the Competition and Consumer Protection Commission (CCPC).

Arkphire says the deal is a "major move of significant scale towards industry consolidation in the Irish ICT managed services sector".

Trilogy was founded in 2009, focusing on design, implementation, management and support of IT infrastructure, cloud and managed security services for Irish and UK organisations.

In a statement, the Arkphire boss said that the driving force behind its acquisition of Trilogy is businesses seeking to outsource more services to Ireland.

Arkphire Chariman Paul Nannetti (pictured) said the combined entity will find it easier to scale to meet this demand.

"With our enhanced portfolio and capabilities, Arkphire has become a stand out Irish IT champion, committed to serving our indigenous and multinational customers from within Ireland and internationally."