Cork IT specialist Nostra marks fifth acquisition in 12 months with purchase of Spectrum AV

Cork-based IT firm has embarked on plans to grow revenue to €250m within five years

Led by Managing Director, Denis Ryan, Spectrum AV specialises in audio-visual services, with clients including Pepsi, Lilly and Biomarin.

Cork IT services provider, Nostra, has acquired audio-visual firm, Spectrum AV for an undisclosed amount, marking its fifth purchase in the last 12 months. 

The IT specialist said its latest acquisition aligned with ambitions to increase annual revenue growth from €50m to €250m within five years, adding that it "puts Nostra further along its journey of building a full-stack Managed Service Provider (MSP)."