Ergo acquires software specialist BoatyardX
Summary
Established by Garry Lyons and Brian Barter in 2018, BoatyardX has expertise building cloud based custom software for clients in FinTech, Payments, e-Commerce and IoT sectors. “In our first three 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,” Barter added. “Our teams in Romania, Colombia and Ireland are the foundation, providing access to great talent and delivering real value to clients.” Ergo said the deal will expand the company’s headcount by 120 to 700 people. CEO Paul McCann commented: “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.” McCann said BoatyardX will become an Ergo company but retain its autonomy and continue to be run out of its Dublin headquarters.