Consica acquires Irish IT company PlanNet21

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Deal that marks the European cybersecurity and networking company’s entry into Ireland

At the announcement of the sale of PlanNet21 were, from left, Frank O’ Keeffe, managing partner, EY Ireland; Michael Hannon, chief financial officer, PlanNet21; Naomi Mulchrone, chief revenue officer, PlanNet21; Peter Carroll, chief executive, PlanNet21; Jacob Bryde Christensen, chief financial officer,, Conscia; Sean Ruane, chief compliance Officer, PlanNet21; Denise Tormey, head of business development, PlanNet21 and Daniel Sibery, group chief sales and marketing officer, Conscia.

The acquisition is Consica’s 20th in Europe. The inclusion of PlanNet21′s revenues will bring Consica’s group revenue to more than €700 million, with the group focusing on organic growth and through acquisitions in recent years. The company’s most recent revenues were close to €70 million. It has around 300 customers in the public sector and enterprises, and closely aligns with Consica in its business focus and approach to signing up partners.

 

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