Aspira, the Cork consulting and technology business, has announced that it is “joining forces” with Danish peer ProData Consult.
Aspira said the “strategic partnership” will facilitate both companies’ ambition to expand their services and grow internationally.
Based in Copenhagen, ProData Consult had revenue of €452m in 2021. The company employs 450, with 4,500 consultants working across the customer base.
Aspira, owned by directors Pat Lucey and Colum Horgan, was established in 2007 and employs 225 people. Turnover in 2021 was €15m and operating profit was €1.2m.
Aspira CEO Peter Ryan stated: “Today marks an exciting new opportunity for both Aspira and ProData Consult. Aspira’s longstanding expertise in professional services and solutions will complement and open up new opportunities for ProData Consult.
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“ProData Consult brings to Aspira an impressive client portfolio in our target markets, as well as their proprietary IT platform, offering a backbone for scalability and growth.
“As a combined entity, we are now in a position to deliver an enhanced level of service to existing and new customers across Ireland and Europe.
“After reaching the milestone of 15 years in business this year, we are excited to expand our global workforce further and reach new customers, following our recent office opening in Portugal and expansion in the Netherlands.
“Our leadership team will remain in place, and we look forward to working closely with ProData Consult to deliver our shared vision for the future.”
ProData Consult CEO Anders Gratte said: “This partnership opens significant and scalable opportunities for both Aspira and ProData Consult.
“Aspira has a strong reputation for its professional services and solutions in the European market, especially in Ireland and the Netherlands. As well as shared learnings, it will allow us to offer an integrated suite of IT consultancy services to a wider customer base.”
Last year Aspira opened a new office at Penrose Dock in Cork.
ProData Consult significantly expanded its footprint in Europe by merging with the French, German, and UK-based emagine Group in 2021.
ProData Consult is headquartered in Denmark with operations in Sweden, Norway, Poland, France, the UK, Germany, the Netherlands and India.
According to Renatus, Aspira was advised on the deal by Michael Hussey and Lauren O'Sullivan of Davy Corporate Finance. Lawyers Pat Flynn, Cian O'Leary and Aonghas Keane in Flynn O’Driscoll handed the legals while Gerry Vahey in Mazars provided tax advice.
