Digital Workforce Services Plc to acquire its partner the Eclair Group Ltd (Ireland) to strengthen the presence in Ireland and the UK
Digital Workforce Services Plc has today announced that it will acquire its partner The Eclair Group, one of the leading automation vendors in Ireland. The acquisition opens market for Digital Workforce Services for continuous services in Ireland. It also expands Digital Workforce’s client base internationally in sectors including finance services and healthcare and strengthens its market presence in Ireland and the UK.
The purchase price is EUR 1,23 million. The transaction also includes an additional purchase price of a maximum of EUR 0,98 million, based on future performance 2022-2023.
This acquisition does not have a significant impact on the 2022 revenue of Digital Workforce Services.
“After completing our IPO in December 2021, our business has grown fast. To support our strong organic growth, we plan to accelerate growth via Mergers and Acquisitions. The agreement with The Eclair Group is the first step in this path. This acquisition supports our recently updated strategy emphasizing expansion of client base especially outside the Nordics. Companies in Ireland and in the UK are looking for the fastest, easiest and most cost-effective route to implement business automation in their organisations.
Earlier in the spring we signed five deals with National Health Service (NHS) trusts to deliver services which will allow NHS trusts to automate at scale using improved cloud-based solutions. This acquisition further strengthens our position in the healthcare sector in Ireland and the UK. Our unique cloud-based platform and services are an attractive option to customers, who embrace pay-per-use procurement models. The Eclair team consists of talented automation professionals, and we want to warmly welcome the team to Digital Workforce,” says Mika Vainio-Mattila, CEO of Digital Workforce.
Founded in 2017, The Eclair Group is one of the leading intelligent automation companies in Ireland. They provide industry leading consulting and delivery services in the establishment, implementation and scaling of automation practices and solutions. Headquartered in Dublin, The Eclair group provides automation solutions within Ireland, UK and the US in the financial services, transport, retail, telecoms and healthcare sectors.
“We are immensely excited to join Digital Workforce, a strong company and a global leader who can open new business opportunities to our clients and career opportunities to our team. Joining a publicly listed growth company with a unique offering and strong brand will further improve our competitiveness and business automation delivery capabilities. I am convinced that together we can drive more excellent value to our clients,” tells Kevin O’Donnell, CEO, The Eclair Group.
Kevin O’Donnell will be the Country Manager for Digital Workforce Ireland.
More information
Mika Vainio-Mattila, CEO
Tel. +358 407 520 617
mika.vainio-mattila@digitalworkforce.com
Certified advisor
Danske Bank, tel. +358 408 413 052
About Digital Workforce Services Oyj
Digital Workforce Services Plc is the leading business automation platform and service provider globally. Digital Workforce Outsmart platform allows organizations to accelerate digitalization, increase revenue, improve customer experience and gain competitive advantage. Globally, over 200 large customers use Digital Workforce’s platform and services to transform their businesses with automation. Founded in 2015, Digital Workforce currently employs over 200 business automation specialists in the US, the UK, Poland, Germany, Finland, Sweden, Norway, and Denmark. Digital Workforce is publicly listed in Nasdaq First North Growth Market Finland.
https://digitalworkforce.com