Tag: merger

Saros announces 50 jobs €8M investment in global expansion

Saros Consulting, a global leader in IT consulting and strategic project management, today announces global expansion plans, which include the creation of 50 new jobs and a €8M investment. In addition to the new jobs, the investment covers a new HQ in Dublin and the establishment of a global delivery hub in Cape Town, South Africa.

Headquartered and founded in Dublin, Saros provides IT consulting services covering areas including digital transformation, cybersecurity and mergers and acquisitions. The company currently has a presence in the UK, Switzerland and the US.

Over a two-year period, the next wave of Saros’s expansion will see the company strengthen its presence in existing markets, while entering South Africa – supported by Enterprise Ireland – as a new market. The jobs – split across all of Saros’s key markets – and investment will accelerate the company’s growth in its core sectors of life sciences, financial services and retail, while enabling it to scale its global resourcing business.

As part of the investment, Saros has opened a new HQ in Fitzwilliam Place, Dublin, which is designed with collaboration spaces and break-out rooms to support the company’s expanding workforce. The Cape Town team will support Saros’s growth across Europe and Africa, providing fully remote solutions to businesses across both continents.

The new roles will be in the areas of project management, IT consulting and business development, supporting Saros’s mission to provide high-quality, scalable resourcing solutions to multinational clients.

Ray Armstrong, co-founder and CEO, Saros Consulting, said: “Today’s announcement marks a major milestone in our journey to becoming a truly global player. With this investment, we are not only creating new jobs in Ireland and South Africa, but also strengthening our ability to deliver flexible, remote-first services to enterprises across multiple regions. The investment represents our confidence in the future of distributed work and our commitment to building a truly borderless consulting practice.”

 Justin van der Spuy, co-founder and CEO, Saros Consulting, said: “South Africa offers a strong talent pool and a strategic gateway to global markets. The quality of technical talent emerging from South African universities, coupled with the country’s mature IT services sector, make it an ideal location for our first African hub.”

Allbound and Channel Mechanics Unite Under a Single Brand: Channelscaler, creating 50 new high-tech jobs

Channel Mechanics + Allbound, two established leaders in the Partner Relationship Management (PRM) and Channel Program Automation space, has announced the successful completion of their merger. The unified entity will now operate under the new brand, Channelscaler.

Welcoming the company’s announcement to create an additional 50 highly skilled positions to support market demand for its platform, Galway based Minister Hildegarde Naughton said “Galway’s reputation for a highly trained and skilled workforce continues to attract significant investment, as evidenced by Channelscaler’s job announcement today. Having witnessed the company’s incredible journey and seeing their ambitious growth plans I have no doubt they will continue to put Galway on the map as the global leader in channel automation software.”

This strategic rebrand marks a significant milestone, combining the strengths and expertise of both companies. Channelscaler represents a shared vision for the future of partner program execution: intelligent, integrated, and built to scale.

“Today marks a significant milestone as we go to market under a unified brand uniting two incredible companies,” said Kenneth Fox, CEO, Channelscaler. This isn’t just a name change, it’s a statement of intent. We’re combining intuitive partner engagement with enterprise-grade automation to deliver what channel leaders need most: the platform, data, and insights to scale partner revenue – with confidence and clarity.

Speaking at the announcement, Anne Lanigan, Divisional Manager for Technology & Services at Enterprise Ireland, said, “Enterprise Ireland has worked closely with Channelscaler since 2011 and we warmly welcome today’s expansion and rebrand announcement. Channelscaler’s success and growth in the space of channel sales highlights Ireland’s position as an international hub for innovation. As part of our new five-year strategy, Enterprise Ireland’s ambition is to accelerate sustainable Irish business with globally focused businesses like Channelscaler becoming the primary driver of the economy. Enterprise Ireland looks forward to working with the team to continue to support their growth ambitions as they expand their customer base internationally whilst continuing to create jobs here in Galway.”

In 2024, global trade reached an all-time high of $33 trillion, with indirect revenue accounting for greater than 70% of all purchases according to Canalys. Recognizing this immense and growing opportunity, Channelscaler, backed by Invictus Growth Partners, is dedicated to empowering companies that sell to, through, and with partners to take advantage of this opportunity. Creating a frictionless channel and streamlining partner program delivery enables businesses to thrive in this ecosystem driven economy.

“This is a better-together combination, creating a robust partner management platform that scales from small SaaS companies to Fortune 100 global powerhouses.  With US$7.46 billion in channel software revenue in 2024, and a projected US$13.48 billion by 2028, this growth highlights the crucial role of automation and data-driven decision-making in partnership success.” – Jay McBain, Chief Analyst – Channels, Partnerships & Ecosystems, Canalys

Channelscaler creates competitive advantage for its customers across every stage of the partner lifecycle. It delivers measurable ROI by simplifying partner operations, accelerating indirect revenue and reducing cost of channel sales.

“We drove the consolidation of Allbound and Channel Mechanics because we saw immense potential in their combined strengths to set the standard for excellence in channel sales software. This strategic rebrand to Channelscaler aligns with the company’s mission to power partnerships and deliver ROI for our customers” said John DeLoche, Co-Founder & Managing Partner, Invictus Growth Partners.

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For more information about Channelscaler, the most comprehensive platform for PRM and partner program automation on the market, visit https://channelscaler.com/.