This is CWSI’s second deal in Benelux, and follows the recent acquisition of Netherlands-based BLAUD in April of this year.
Irish mobile and cloud security firm CWSI has acquired Belgium-based modern workplace mobility specialist Mobco for an undisclosed sum.
The business forecasts annualised group revenues of €35m with UK and European markets accounting for 80% of the total.
“This latest acquisition cements our European growth strategy, expanding our market opportunity and bringing valuable intellectual property into the group”
This is CWSI’s second deal in Benelux, and follows the recent acquisition of Netherlands-based BLAUD in April of this year.
European growth strategy
“This latest acquisition cements our European growth strategy, expanding our market opportunity and bringing valuable intellectual property into the group,” said CWSI CEO Ronan Murphy.
“I look forward to enhancing our offering with Mobco’s depth of expertise across modern workplace security and mobility to drive value for our customers, partners, and shareholders.”
Mobco will become a subsidiary of the CWSI Group and all 26 employees will remain with the business, creating one of Europe’s largest teams of enterprise mobility and security experts.
The Belgian business is a specialist IT integrator supplying, configuring and supporting hardware, software and services for the modern workplace. Strategic vendor partnerships include Samsung, Apple, Ivanti, VMWare, Jamf and Lookout. Customers include many of the top five hundred enterprises and large public sector organisations in Belgium and Luxembourg.
It is understood that the deal creates one of Europe’s largest teams of enterprise mobility and security experts. Mobco’s customers will be able to access CWSI’s wide range of technical skills and resources, including its dedicated Microsoft Security Practice, backed by its Microsoft Gold Security competency and membership of the Microsoft Intelligent Security Association (MISA).
CWSI plans to make Mobco’s proprietary Workplace portal available in all its territories and channels. The newly developed, cloud-based Software-as-a-Service (SaaS) platform simplifies the procurement, management, repair, and security of all aspects of the modern workplace through an employee self-service model.
The software has already been adopted by customers including Accenture and the Belgian Defence Force and has been re-branded for Orange Belgium as the core of its new Hardware Comfort service.
“As a founding member of the Enterprise Mobility Experts Alliance, I always valued the strength of collaboration with CWSI,” said Ulrik Van Schepdael, founder and CEO of Mobco.
“This new step for Mobco takes this to the next level. Bringing our people, intellectual property and customer relationships together provides a great opportunity to create a true European leader in managing and securing the modern workplace. I’m excited about the growth possibilities for the new, bigger CWSI group.”
