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Matheson Advises on Sale of Arkphire

AUTHORs: Brian McCloskey co-author(s): Robert Maloney Derham Services: Corporate and Mergers & Acquisitions DATE: 24/11/2020

A Matheson team led by corporate partner Brian McCloskey and senior associate Robert Maloney Derham, is delighted to have advised, alongside Reed Smith in London, Bregal Milestone on the sale of Arkphire to US headquartered Presidio. Arkphire is a Dublin-headquartered IT product procurement and IT services company and this deal will allow the company to extend its international operations and further evolve its service offering to customers in response to their changing needs.

Brian McCloskey commented: “We have been working with John and the team at Bregal since their initial investment in Arkphire.  This deal demonstrates clearly the benefits, both financial and strategic, that PE sponsors can bring to a business and is testament to the outstanding work done by Arkphire’s management team over a number of years.”

Completion of the transaction is now subject to customary regulatory approvals.

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