In a significant development for the Irish business landscape, ARA Group, a leading infrastructure and facilities services provider, has completed the acquisition of AWA. This move marks a return to private ownership for AWA, a business with a rich history and a strong track record in technology services. The deal, advised by M & A Partners, signals ARA Group's commitment to expanding its service offerings and bolstering its position within the competitive Irish market.

AWA's Journey: From Administration to a Valuable Asset

The story of AWA is one of resilience and recovery. Ten years ago, the company faced challenges that led to its acquisition out of administration by Cabrini Health. Under Cabrini Health's ownership, AWA stabilized and, crucially, rebuilt its business. The company has since demonstrated consistent growth, achieving an impressive annual revenue of approximately $27 million. This performance highlights the dedication of AWA’s team and the enduring demand for its technology services.

ARA Group's Strategic Rationale

ARA Group’s decision to acquire AWA isn't just about adding another business to its portfolio; it's a strategic move designed to enhance ARA Group’s overall capabilities. AWA’s expertise in technology services complements ARA Group’s existing infrastructure and facilities management services, creating a more comprehensive offering for clients across various sectors. This synergy allows ARA Group to provide a wider range of solutions and cater to increasingly complex client needs.

“We are delighted to welcome AWA to the ARA Group family,” stated a spokesperson for ARA Group. “AWA’s strong reputation, skilled workforce, and impressive revenue stream make it a valuable addition. We believe that together, we can achieve even greater success and deliver exceptional value to our clients.”

The Role of M & A Partners

M & A Partners played a crucial role in facilitating this transaction, providing buy-side advisory services to ARA Group. Their expertise in mergers and acquisitions ensured a smooth and efficient process, ultimately contributing to a successful outcome for all parties involved.

Looking Ahead: Opportunities and Growth

The acquisition of AWA presents significant opportunities for both ARA Group and AWA. ARA Group can leverage AWA's existing client base and technology expertise to expand its market reach and enhance its service offerings. AWA, now part of a larger, more robust organization, will benefit from ARA Group’s resources, infrastructure, and industry knowledge, enabling further growth and innovation. The Irish facilities services sector is poised for continued expansion, and this acquisition positions ARA Group strongly to capitalize on future opportunities.

This acquisition underscores the continued attractiveness of Irish businesses to strategic investors and highlights the ongoing evolution of the facilities and technology services landscape in Ireland. The combination of ARA Group’s strength and AWA’s expertise promises a dynamic and successful future for the combined entity.