Ekco acquires Radius Technologies to continue MSP growth

Ekco, one of Europe’s fastest-growing managed cloud and security services providers, has acquired Radius Technologies, a Waterford-based managed service provider, specialising in end-to-end IT services for small to medium-sized businesses.

Speaking at Ekco’s introduction day to Radius’ staff, Steve MacNicholas, CEO, Ireland at Ekco, said: “We’re delighted to add a strong business like Radius technology to the group. We see a great fit between their people, their services and their customer base and the existing operations we have in the Irish market. Radius now gives us an additional regional presence with their head office in Waterford and a Cork office. For the Radius customer base we can introduce our extensive cyber security services through our 24/7 manned Security Operations Centre in Citywest Dublin. We are very excited that Radius is now a part of Ekco’s growth ambitions as a leading MSP.”

Discussing the move to become part of Ekco, Radius Technologies CEO, Jerry Buckley, said: “Joining Ekco makes perfect sense for Radius. Their ambition and vision for the future is something we are 100% aligned to and want to be a part of. Their approach to excellent customer service and delivering secure and reliable managed services is perfectly in tune with what we do, so its great news for our team, our client and the senior management team at Radius.”

This is the third acquisition by Ekco in the past 18 months that specialises in servicing the IT needs for organisations with up to 250 employees . Last year Ekco completed the acquisitions of Unity, IT Force and Ortus. This is a market with growing demands in the IT service space, with up to 67% of Irish SMBs expected to increase their IT budgets in 2024.

The Radius acquisition brings the total number of staff at Ekco to more than 650, of which over 400 are based in Ireland. Ekco has made a series of recent acquisitions in Ireland in the cyber security space to complement its cloud strategy, acquiring Ward Solutions in 2021 and Kontex and Caveo Systems in 2022.