Within months of merging with IT services firm CK Business Electronics, Cork-based PFH Technology Group has acquired the networks division of Keyhouse for an undisclosed sum.
Keyhouse is a major provider of software and networks for solicitors across Ireland. From July, PFH will assume responsibility for infrastructure support for all Keyhouse clients.
The acquisition of Keyhouse’s networking division follows the merger of PFH Computers with CK Business Electronics in March. The combined entity, which now trades as PFH Technology Group, has revenues of more than €36m and employs over 140 staff.
Brian Sweeney, managing director of Keyhouse, explained that his company’s technical staff will transfer to PFH. A spokesman for PFH told siliconrepublic.com that three people will transfer to PFH. “The acquisition price will not be disclosed.”
Sweeney commented: “PFH will become the preferred partner for all Keyhouse network and IT infrastructural installations.”
The managing director of PFH Technology Group Paul Hourican said that the company had been seeking a software house with a strong support base.
“This is a strategic alliance which presents great opportunities for both parties. Clients will benefit from innovative services such as ManageIT, where our network operations centre will remotely monitor and manage a client network,” Hourican said.
By John Kennedy