DataSolutions this week announced that it has had its best ever year, growing group revenues by 34% to €40 million for year-end 31st March 2018. 

The specialist IT distributor has doubled its business in the past three years and is on-track to grow to €80 million by 2021. 
 
The UK market now accounts for 30% of DataSolutions business and the company expects this to grow to 50% in the next three years. The company is developing an expansion fund to continue the growth in both the Irish and UK markets. Part of this expansion fund will be ear-marked for acquisitions as DataSolutions seeks to acquire complementary businesses in the UK and Ireland.
 
Speaking this week, Group Managing Director at DataSolutions, Michael O’Hara said, "2017 was DataSolutions’ best year yet and it’s extremely positive to see our business continue to grow as we  work towards our goal of doubling revenues to €80 million in the next three years. After almost three decades of growth in Ireland, it’s been a novel, exciting but also a challenging experience growing from a start-up position in the UK to build our brand there."

He added, "Establishing a foothold in the UK opens huge possibilities for us and doing so in advance of Brexit is something that we feel is a smart step in future-proofing the business from whatever the final outcome may be."

Source: www.businessworld.ie