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Irish Independent

IT services company FutureRange acquires division of DigitalWell as it eyes expansion

No financial details of the deal were disclosed. FutureRange, which is part of the accountancy and consultancy HLB Ireland Group, says that it will now create 10 jobs to accompany the corporate move. The acquisition is the first since HLB and FutureRange received an undisclosed investment from the Irish private equity firm Cardinal Capital in March. 'This acquisition deepens our technical expertise and broadens our regional reach,' said Danny McEntee, the managing director of FutureRange. The company says the deal helps to expand its coverage to Dublin, Cork and Limerick. 'This strategic divestment enables us to fully focus on our core growth areas, business transformation services spanning customer experience, digital innovation, AI, communications and secure connectivity where we see significant market opportunity.' said Ross Murray, CEO of DigitalWell. 'We have been very deliberate in choosing FutureRange as the right home for our managed IT services clients and team. They are not only a strong cultural and technical fit, they also share our commitment to excellence and to building long-term, trusted relationships.' The deal comes after a 50-year-old accounting, tax and business advisory firm based in Cork plans to create an ambitious 400 jobs during the next three years. Ifac has four offices across the county in Bandon, Blarney, Mallow and Skibbereen, and has 30 offices across Ireland with over 30,000 clients. Ifac expects to reach €50m in revenue, according to the company.