Arkphire acquired by Presidio

The definitive agreement entered into for the full acquisition of Irish IT firm Arkphire by US-based systems integrator Presidio marks the complete exit of pan-European private equity fund Bregal Milestone, which divests the equity stake acquired in 2018 through its €495 million investment vehicle. The transaction targets an organization generating annual revenue of , employing over 250 personnel, and servicing clients across more than 90 countries, having executed previous add-on acquisitions including cybersecurity specialist Trilogy Technologies in 2020 and Singapore-based distributor Generic Technologies. Under the governance arrangements, co-founder and chief executive officer Paschal Naylor retains his operational leadership over the subsidiary alongside his executive team, working directly with Presidio chief executive Bob Cagnazzi to oversee the geographical rollout of systems integration and managed services across Europe and the Asia-Pacific region. The corporate combination pairs Presidio's North American cloud architecture operations with Arkphire's certified vendor accreditations from hardware and software partners including Apple, Cisco, Dell Technologies, and Microsoft. Transaction advisory mandates for Arkphire and its selling shareholders are led by William Blair for financial advisory and Reed Smith for legal counsel. Final execution of the buyout remains subject to customary antitrust regulatory notifications and formal clearance decisions issued by national competition authorities in Ireland and the European Union.