PFH Technology Group to be acquired by Ricoh
Ricoh has announced its acquisition of IT infrastructure, cloud and managed workplace services PFH Technology Group (PFH). Financial terms have not been revealed.
Following completion of the deal, PFH will continue to operate as a separate entity. Chairman and founder Paul Hourican (pictured) will remain in an advisory capacity.
Founded in 1985, PFH is a leading integrated digital infrastructure and managed services company in Ireland. Headquartered in Cork, PFH also has offices in Dublin and Galway. It employs more than 750 and supports more than 1,000 customers. It also has accreditation with partners such as AWS, Citrix, Commvault, Dell, Hewlett-Packard Enterprise, HP, Lenovo, Microsoft, Pure Storage and VMware.
“Reaching this important date in our history is testament to the hard work of everyone who has contributed to PFH since our inception over 38 years ago,” said Paul Callaghan, CEO, PFH. “The scale of Ricoh’s capabilities means that our customers can evolve their IT services and realise their digital transformation ambitions at pace and with great support. Our collective expertise, commitment and aligned culture ensures our customers are ideally placed for future success.”
Alberto Mariani, senior vice president, digital innovation, Ricoh Europe, said: “We are seeing significant customer demand for a single partner who can offer the full spectrum of infrastructure, professional and managed services. Our ability to meet these requirements is strengthened further by welcoming PFH’s talented team to the Ricoh family.
“The high concentration of leading multinational businesses that have chosen Ireland as the European hub for their operations makes this a particularly exciting time for both businesses. We look forward to bringing customers’ digital transformation ambitions to life through our shared customer-first approach.”
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