Pimbrook provides accounting and payroll software to 1,750 customers
Trade
Ray Ryan, The Noledge Group; Stephanie Davies and Tom Shields, Pimbrook
Cloud enterprise resource planning (ERP) and financial management software specialist The Noledge Group has acquired Pimbrook, a leading Waterford-headquartered provider of accounting and payroll software. Following the acquisition, Noledge expects revenue at the enlarged group to almost double from €5.7 million in 2025 to €10 million by the end of 2026.
Pimbrook’s 14 employees, including managing director Stephanie Davies and operations director Tom Shields, will join the Noledge team and grow the group’s employee numbers to 67. The business will retain the Pimbrook name and continue to operate as a standalone company.
For more than 20 years, Tramore-based Pimbrook has provided Sage accounting and payroll software and services to some 1,750 SME customers in sectors including manufacturing, construction and healthcare. With the acquisition, Pimbrook customers will benefit from access to a broader range of financial management and ERP solutions, deeper expertise, and increased resources within Noledge.
Now serving more than 2,000 customers across the Irish and UK markets, The Noledge Group incorporates Envisage, a leading Sage partner, and OSSM, a NetSuite solution provider. The acquisition will establish Noledge’s fourth office, building its regional presence and adding to its Dublin, Belfast, and Newcastle locations.
It will broaden Noledge’s capabilities, particularly bolstering its ability to support smaller customers. The deal will allow the company to deliver enhanced financial management and ERP solutions that simplify business processes to an expanded customer base across all market segments including small, medium, and large enterprises.
Ray Ryan, CEO, The Noledge Group, said: “The synergy between our two companies and the alignment in our expertise makes this acquisition a natural fit. It represents a significant growth opportunity for Noledge and our expected revenue increase reflects the strength of the combined businesses. We also recognise the huge advantages of regional investment, and we plan to tap into Pimbrook’s impressive presence in the South East to continue to grow the business outside of Dublin.”
Stephanie Davies, managing director, Pimbrook, said: “Our hands-on, customer-focused approach has enabled us to build long-standing relationships with Irish SMEs at various stages of growth. Both Pimbrook and Noledge prioritise deep customer relationships and, as we move forward together, that commitment to our combined customers will be key. The expanded company will equip businesses with an enhanced suite of tools that will support their continued growth and innovation.”
TechCentral Reporters