ERGO ACQUIRES BOATYARDX

Publishing Date: Nov 22, 2022

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BoatyardX’s international experience and strength in custom cloud-based product development will build on, and enhance, Ergo’s extensive digital, cloud and customer technology capabilities

BoatyardX has today announced that is has been acquired by Ergo, Ireland’s largest privately-owned Irish IT services company. The acquisition will accelerate BoatyardX’s rapid growth as it continues to help organisations build or re-build products and deliver enhanced experiences and products for its customers in North and South America, Europe, Northern Africa and South-East Asia. While BoatyardX will join as an Ergo company, it will retain its autonomy and continue to operate under the BoatyardX brand at its office locations in Dublin, Romania and Colombia.

Today’s acquisition also aligns with Ergo’s plans to further deepen its software development competencies, enabling it to meet a growing demand for bespoke business critical applications and to build new products that address emerging market opportunities.

Originally developed as part of Shipyard Technology Ventures, BoatyardX was founded in 2019 and quickly established a reputation for future-proofing businesses with robust open-source software and world-class UI/UX design. BoatyardX has developed significant expertise building cloud based custom software for clients in FinTech, Payments, e-Commerce and IoT sectors.

An international venture, BoatyardX uses leading-edge cloud-native technology to design, build and launch secure and scalable software solutions for customers in North and South America, Europe, Northern Africa and South-East Asia. BoatyardX’s 120-strong multidisciplinary team will see Ergo grow to 700 IT professionals across the globe.

The BoatyardX team are really excited to be joining Ergo, a company of similar values, focused on building great teams to deliver client’s objectives with the right technology. BoatyardX’s international experience and strength in custom cloud based product development will build on, and enhance Ergo’s extensive digital, cloud and customer technology capabilities. In our first 3 years we have built real strength in the financial service, e-commerce and payments sectors and look forward to deepening these and continuing our growth into new areas.

By joining forces with Ergo, we will accelerate our rapid growth and help organisations build or re-build products that are at the core of their businesses, delivering great experiences for their end customers. Our teams in Romania, Colombia and Ireland are the foundation, providing access to great talent and delivering real value to clients

Brian Barter, BoatyardX Managing Director

I am delighted to announce the acquisition of BoatyardX as we continue to grow our Irish and global footprint, and deepen our expertise across the business. BoatyardX has a global reputation for leading-edge software development across all hyperscale environments which is the perfect alignment for our business.

This acquisition will give Ergo the critical mass we were looking for in our software practice and a brilliant offshore development team that will open many new doors for us. It will also further strengthen our ability to fully support CIOs in a tech advisory capacity, and find new ways to make their applications fit for purpose in fast-changing business environments.

Paul McCann, Ergo CEO

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