Intact, a software and technology solutions company for the merchant and distribution sector, has acquired UK-based software house Blue Rock Systems.
The company said it was a “multi-million pound” deal.
The Southampton business has been reselling, implementing and supporting Intact ERP systems (enterprise resource planning) for over 16 years.
Intact CEO Justin Lawless said the deal would strengthen Intact’s market share and bolster the company’s talent pool to support its growth plans for Ireland, the UK and global markets.
“Blue Rock Systems grew revenue 30pc last year, returning double-digit profit growth. Its 43 staff and senior management are all vastly experienced and, working collaboratively as part of Intact, will add immense value to our product and service offering.”
Dundalk, Co Louth-based Intact saw employee numbers increase from 200 to 243 staff in Ireland and the UK.
Blue Rock is Intact’s second software business acquisition in England. In 2016, the software company acquired Ramtac, another of its UK VAR partners (value added resellers).
Intact’s annual turnover is currently in the region of €17m with more than 60pc growth forecast in the coming year.