DigitalWell Acquires Strencom

DigitalWell, Ireland’s largest dedicated business communications provider, has acquired Irish secure connectivity and cloud solutions specialist, Strencom. The enlarged company forecasts revenue of €38m this year. This acquisition completes DigitalWell’s managed secure connectivity and cloud services portfolio and makes it Ireland’s largest business communications company and the leading one-stop communications and managed IT services provider.

Strencom’s highly-skilled 30 employees across connectivity, cloud, sales, and operations will bring the total headcount at DigitalWell to 180. Strencom will continue to trade as a standalone brand in the interim.

Dublin and Cork-based Strencom is a leading provider of managed secure connectivity and cloud services, solving business-disrupting network and security problems for customers.

This is the latest deal in DigitalWell’s ‘buy-and-build’ strategy, which saw it acquire contact centre specialist Capstone Intelligent Solutions last month, with further acquisitions to follow this year across Ireland, the UK and Europe.

This deal will enhance DigitalWell’s product suite with the addition of Strencom’s secure data connectivity, cloud infrastructure and managed hosting solutions. The company can also leverage Strencom’s nationwide network.

DigitalWell will cross-sell to both customer bases following the acquisition. Its customers can access Strencom’s secure managed connectivity and cloud services such as online backup and storage-as-a-service, and Strencom customers can benefit from the addition of voice solutions with DigitalWell’s end-to-end communications, telephony, and managed IT services.