Ambitious plans to build out cloud services business from Castlebar base in new phase of growth
IT solutions and networking company, Arkphire, which is headed by Mayo man Paschal Naylor, this week announced its acquisition of CloudStrong, the specialist cloud solution provider that is based in Castlebar.
The new combined business is committed to building out a growth cloud services business from its centre of excellence in the West of Ireland. For commercial reasons, Arkphire is not disclosing financial details related to this latest acquisition.
Over the past four years, Arkphire has grown turnover from €20m to over €90m and the company is on track to become a €100 million business this year, providing a full range of technology solutions from the desktop to the data centre.
Founded in 2011 by Oliver Surdival, CloudStrong currently employs 12 people, providing cloud consultancy services and solutions to the small and medium sized enterprise market. CloudStrong received start-up equity funding from Enterprise Ireland and has been a client in Enterprise Ireland’s High Potential Start-up unit, which is dedicated to Irish start-ups with the potential to scale in international markets.
Commenting on this latest acquisition by Arkphire, Paschal Naylor, CEO at Arkphire, who is originally from Ballina, stated: "Arkphire and CloudStrong have a very effective working relationship going back many years. The acquisition formalises this relationship and strengthens Arkphire’s overall cloud services offering, enabling us to bring our complementary skills and capabilities to the market.
"I am very confident and looking forward to building out a really effective cloud technology team from our new hub in the West and providing new career opportunities for people wanting to live in the region."
Founder and CEO of CloudStrong, Oliver Surdival added: "I’m extremely proud of the CloudStrong team and the journey we have undertaken since 2011. Our expert knowledge and experience of cloud solutions and data analytics fits very well and complements the overall Arkphire offering. We are very excited to now become part of the Arkphire Group and to leverage the synergies we have to support our real growth potential.
"Growth is part of the CloudStrong DNA and the acquisition by Arkphire will accelerate this ambition for the business as we seek to further utilise business opportunities from Arkphire’s footprint. It’s a fantastic day for Mayo and cements the region as a great location to operate and grow a business."