In July 2020, Nostra Technologies Limited (“Nostra”) announced the completion of its acquisition of Brandon Global IT Limited (“Brandon”). The transaction is expected to increase Nostra’s turnover from c. €14 million (mn) to €18 mn. Nostra generated EBITDA of c. €900,000 in 2019 and was supported in the transaction by the Bank of Ireland.
Duff & Phelps served as the lead financial advisor to Nostra providing buy-side, capital raise and financial due diligence services in connection with the transaction.
About Nostra Technologies Limited
Established in 2006 and a cloud first IT provider since 2008, Nostra is a leading Irish Managed Service Provider (MSP). Nostra serves a broad portfolio of corporate and state clients throughout Ireland, Europe and across the globe.
About Brandon Global IT Limited
Established in 1998, Brandon is a leading domestic MSP in Ireland. Brandon has a longstanding and diverse customer base and a highly regarded reputation for IT Services, with extensive experience and expertise in cyber security.