Ekco, one of Europe’s fastest-growing security-first managed cloud services providers, has acquired the Cheshire-based CTS Group from administration, securing 140 jobs. The British provider of cloud and managed IT services to law firms and barristers in Britain and Ireland was hit by a cyber attack in November last year, causing a crisis in the business which led to PwC being appointed as administrators. It had revenues of about £18 million (€20.9 million) in its last financial year and employed 140 people servicing its legal customers. Malahide-headquartered Ekco, co-founded by Eoin Blacklock and Jonathan Crowe, bought the business this week in…

Want to continue reading?

Get unlimited access to The Currency and The Wall Street Journal with an annual membership – and receive a free, signed copy of Vincent Browne’s new book, Charles Haughey: Glory, Greed and Guns, delivered straight to your door.

Subscribe

Cancel at any time.

Are you already a member? .