Dublin-headquartered MSP Trilogy Technologies Group has acquired Zinopy Security, a specialist provider of IT cybersecurity and workspace virtualisation solutions. The deal will create an expanded group with annual revenues in excess of €20m.
Post acquisition, Trilogy will employ around 100 people and will relocate to a new purpose designed office location in Park West Dublin to facilitate the expanding business.
Trilogy, which provides services from Dublin and London locations, says it will “deepen” its managed security offerings with the addition of fellow Irish firm Zinopy, including risk management and consulting services.
Trilogy group managing director Edel Creely (right in picture) says: “The acquisition is a transformational deal, positioning us as a fast growing group at the forefront of managed IT and security services in Ireland.”
Zinopy co-founder and chief executive John Ryan (left in picture) says: “The time was right to partner with Trilogy to take the company forward to the next step. Our combined capabilities will help us build a new force in managed IT services in Ireland and the UK.”
Zinopy was founded in 2010 following a management buyout at Entropy. In 2012, Zinopy acquired Maxima, and now employs a total of 40 people. In 2014, Trilogy acquired B2Lateral in central London, which gave the company a presence in the UK market for the first time.