Benchmark International is pleased to announce the transaction between Dublin-based managed print services company, Office Technology, and leading certified technology company, Intuity.
Established in 1988, Office Technology oversees all aspects of clients’ print infrastructure, supplying and servicing Canon multi-functional devices as a gold member, as well as providing the software to manage the cohesion of machinery, predominantly for SME and corporate clients.
The acquisition complements the services of Intuity Technologies, an IT solutions partner operating in Galway, Dublin and Carrick on Shannon that employs 67 people and last year posted a total turnover of more than €7m. The combined entity supports 2,000 customers in Ireland, the UK, and the US and plans to focus on the expansion of the IT business and its reach to provide a total IT and printing solution to clients. The company also unveiled plans to invest, expand and add jobs over the next three years at its three offices.
Pat Duffy, Director of Office Technology, said: “We are delighted to be joining Intuity. With shared visions and ambitions, we look forward to continuing to deliver the same high standard of service with the added value of increased IT services and solutions for the modern workplace.”
Intuity CEO, Gerard Cox, said: “Together, Intuity and Office Technology Limited represent a competitive advantage which will hugely benefit our customers.
This development takes Intuity one step closer to fulfilling its ambition of becoming the largest and best managed IT provider in Ireland while further building on our international expansion.”
Benchmark International would like to thank all parties involved and we wish them all the very best of luck for the future.
WE ARE READY WHEN YOU ARE
Call Benchmark International today if you are interested in an exit or growth strategy or if you are interested in acquiring.
Americas: Sam Smoot at +1 (813) 898 2350 / Smoot@BenchmarkCorporate.com
Europe: Carl Settle at +44 (0)161 359 4400 / Settle@BenchmarkCorporate.com
Africa: Anthony McCardle at +2721 300 2055 / McCardle@BenchmarkCorporate.com
ABOUT BENCHMARK INTERNATIONAL
Benchmark International’s global offices provide business owners in the middle market and lower middle market with creative, value-maximising solutions for growing and exiting their businesses. To date, Benchmark International has handled engagements in excess of $5B across 30 industries worldwide. With decades of global M&A experience, Benchmark International’s deal teams, working from 13 offices across the world, have assisted hundreds of owners with achieving their personal objectives and ensuring the continued growth of their businesses.