Adapt-IT
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Adapt-IT - overview
Established
2004
Location
Cork, -, Ireland
Primary Industry
IT Infrastructure
About
Adapt-IT, based in Cork, Ireland, provides end-to-end information technology services to enhance business operations through managed IT services, cloud solutions, and Office 365 implementations. Adapt-IT is a technology service provider specializing in IT solutions for businesses. Founded in 2004, the company is headquartered in Cork, Ireland. Adapt-IT has maintained a consistent focus on delivering comprehensive IT support.
The company has completed one significant deal, with the most recent transaction occurring on July 4, 2025, when it was acquired by Ekco Group, which is backed by ACT Venture Capital, Corten Capital, Pageant Holdings Limited, Sencheer Holdings, and Ulster Bank Group. Adapt-IT specializes in providing a comprehensive suite of information technology services tailored to meet the demands of businesses in Ireland and beyond. Their core offerings include managed IT services, cloud-based solutions, and Office 365 implementations, designed to enhance operational efficiency and scalability for small to medium-sized enterprises. These solutions address common business challenges such as data management, system reliability, and remote access security.
Adapt-IT's client base encompasses various industries, leveraging their expertise in computer infrastructure, system training, and project management. Their geographical market extends beyond Ireland, targeting European businesses seeking robust IT support and digital transformation solutions. Adapt-IT generates revenue primarily through subscription-based models and direct service contracts with clients, allowing for predictable cash flow and sustained growth. The company offers various service packages that include managed IT services, cloud solutions, and Office 365 deployments, typically structured as annual or monthly subscriptions.
These offerings enable businesses to access advanced IT capabilities without the burden of significant upfront costs. Adapt-IT's revenue model also includes partnerships and collaborations with hardware and software vendors, enhancing their service delivery and customer engagement. Following the acquisition by Ekco Group on July 4, 2025, which aimed to accelerate growth and expand presence in Ireland, Adapt-IT is poised to enhance its product offerings. The company plans to introduce new IT solutions tailored for the evolving needs of businesses and aims to expand its market presence into other European countries, although specific regions and product release dates have yet to be disclosed.
Current Investors
Ekco Group
Primary Industry
IT Infrastructure
Sub Industries
Consulting Services, Offshore IT Services/IT Outsourcing, IT Infrastructure, IT Security/Cybersecurity
Website
www.adapt-it.com
Verticals
Cloud Computing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Adapt-IT - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | ResRequest | - | ||||||||
| Add-on | Completed | Adapt-IT | - |
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