Deal Details: IT solutions company PlanNet21 has acquired rival eCom for an undisclosed sum.
Dublin headquartered PlanNet 21 Group is a technology solutions provider, holding partnerships with many worlds’ leading technology vendors including Cisco, Palo Alto Networks, IBM and others. The business was founded in 1998, won the Deloitte Best Management Company award in 2018 and its Co-founder Denise Tormey is a 2015 EY Entrepreneur of the year finalist.
PlanNet21 recorded turnover of €32m for the 12 months ending September 30th, with pretax profits of €5.5m.
With the acquisition, the group will employ over 140 full time staff in regional offices in Cork, Galway, Belfast and Edinburgh.
Established in 2000 by Sean Martin and Brendan O’Brien, eCom Solutions was founded to provide best-in-class technical solutions within the IT network and cyber security market.