Dublin-headquartered IT services company Auxilion said it plans to buy a company as part of its €17.5m investment in its UK expansion plans for the next three years.
Auxilion also said it plans to increase its existing UK workforce by 60 people over the next two years.
Already operating from Sheffield, Telford and Warrington in the UK, the company said it is actively looking to buy a mid-tier IT service provider in the UK which will complement its existing portfolio of managed services and IT solutions.
Part of the new investment will go towards Auxilion's Services Centre of Excellence in Sheffield, which delivers day and night support to its growing customer base spanning both the public and private sectors.
Its customers in the UK include Dell, HP, BT, Canford Health, Applegreen and Mainstream Renewable Power.
Earlier this year, Auxilion announced that it is on course to grow its revenues by 25% by the end of 2022, compared to 2021, which will take its revenues to more than €48m.
Philip Maguire, CEO of Auxilion, said the company's acquisition plans and investment show how committed it is to building on its success in the Irish market and expanding its presence in the UK.
"The north of England offers unique opportunities, most notably due to the access it provides to top-quality talent," Mr Maguire noted.
