EMIT buys tech firm Softech to grow sales
EMIT has acquired the managed services business and customer base of IT service provider Softech for an undisclosed cost.
The deal will allow the Irish IT services firm to grow its managed services business, with EMIT forecasting the acquisition will add €2m in revenue over the next three years.
Founded in 2003 and based in Santry, Dublin, EMIT provides customers with IT solutions and Managed IT as a Service in the areas of cloud computing, business productivity, IT security and infrastructure.
EMIT, a partner of both Dell and Microsoft in Ireland, said the acquisition will strengthen their managed service proposition and capabilities, while actively supporting a customer base of over 3500 end users.
Founder and managing director Eamon Moore said that the company has been "looking closely at several acquisition opportunities for some time".
"We believe that Softech is the perfect fit for our business right now, particularly with its successful pedigree in delivering high quality IT services and solutions.
"We welcome their knowledge and experience, and will integrate their offerings, team members and customers seamlessly into our business," Mr Moore said.
Softech - which provides a range of infrastructure, managed services, information management, cloud services and business Intelligence solutions - has been operating in Dublin since 1978.
Its management team assessed several potential acquirers before choosing EMIT, which was seen to have the strongest capabilities to manage its customer base.