The company says the deal will enable it to grow its managed services business, and it is forecasting that the acquisition will add a further €2 million 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 four core business areas – cloud computing, business productivity, IT security and infrastructure. The acquisition will strengthen EMIT’s managed service proposition and capabilities and will also see the company actively supporting a customer base of over 3,500 end users, including enterprise, SMB and public sector organisations.
Softech has been operating in Dublin since 1978. It provides a wide range of infrastructure, managed services, information management, cloud services and business intelligence solutions. Its management team assessed several potential acquirers before choosing EMIT, which was seen to have the strongest capabilities to manage its customer base. The acquisition cost is undisclosed.
Eamon Moore, founder and managing director of EMIT, said: “We have 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.
“EMIT has very ambitious business development goals and will actively seek further growth, both organically and through further acquisitions.”
Pictured above is is Eamon Moore, Founder and MD, EMIT. Photo: Chris Bellew