Arkphire acquires Trilogy Technologies Group to create the largest and fastest growing company in Irish IT services

Arkphire, a Bregal Milestone portfolio company, has announced the acquisition of Trilogy Technologies, one of Ireland’s leading independent ICT Managed Services providers.  

The deal marks the first major move of significant scale towards industry consolidation in the Irish ICT Managed Services sector as businesses seek outsourced support to meet ever more complex and demanding IT infrastructure and business transformation challenges.

Following this acquisition, the newly enlarged group now creates the largest and fastest growing Irish headquartered IT procurement and IT managed services business with combined revenues close to €150 million and employing 220 people.

Established in 2009, Trilogy Technologies has developed a successful business around the design, implementation, management and support of IT infrastructure, cloud and managed security services for Irish and UK organisations. In 2018, Trilogy expanded its managed security services with the acquisition of Zinopy. In 2019, Trilogy Technologies won the ‘Company of the Year’ award at the Tech Excellence Awards and ranked in this year’s Deloitte Technology Fast 50 list of growth companies alongside Arkphire.

Arkphire was supported on the acquisition deal by IBI Corporate Finance with Trilogy Technologies working with Mazar’s Corporate Finance team.  Completion of the transaction is now subject to approval from the Competition & Consumer Protection Commission.