Presidio acquires John Purdy’s Ergo in €100m deal
Presidio, a global digital services and solutions provider, is acquiring a controlling position in Ergo, the Irish-owned IT services company. The private equity-backed group is estimated to value the business at €100 million or more but the exact terms of the transaction are not known. Presidio has revenues of $5.8 billion (€7.29 billion), 3,500 employees, and over 6,250 customers. It previously acquired Irish company Arkphire for €120 million in 2020. The deal to acquire Ergo is expected to close imminently, with the two companies entering exclusivity weeks ago. Ergo co-founder John Purdy and his wife Audrey are the largest shareholders…
Introductory offer: Sign up today and pay €200 for an annual membership, a saving of €50.
Cancel at any time.
Are you already a member? .