US reseller Presidio closes Arkphire acquisition

Services giant completes purchase of its first foray into Europe

US reseller giant Presidio has today announced it has completed its acquisition of Irish player Arkphire.

The buy is the first time the $3bn-revenue reseller has expanded outside its home North American market.

Arkphire is a €160m-revenue firm with 250 staff and offices in Dublin, London, Singapore and Brazil. It claims to be the largest IT procurement and managed services business in the Irish market.

Presidio CEO Bob Cagnazzi said the American reseller intends to use its new European business to launch further expansions across the continent.

"We are very excited to formally complete the acquisition and to combine the strengths of both organisations in order to provide the highest levels of service to our customers globally," he said.

"In particular, we will be seeking to leverage Arkphire's experience, expertise and global footprint to provide Presidio with a platform to drive business expansion across both Europe and Asia Pacific."

Presido follows in the footsteps of other US reseller heavyweights, CDW, Insight and SHI, who have all landed and expanded across the Atlantic in recent years.

Both resellers share a portfolio focus on digital infrastructure, cloud, security and other IT services

Arkphire is to retain its branding within the Presidio Group.