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A Limerick, Ireland (not Limerick, Pennsylvania, with its majestic Limerick Nuclear Power Plant) software firm has acquired Oxford (Chester County) based PC Scales Technologies, creating what it calls "the world’s largest waste management software company," the Irish Times reports.
AMCS Group will add $10 million (€7.3 million) in revenue and 50 North American employees through the deal, which will raise its annual sales to about €25 million. Terms of the deal were not disclosed.
AMCS Group had just completed a €23.5m investment round by Highland Capital Partners Europe and Investec Ventures through the Ulster Bank Diageo Fund.
PCST was founded by Donald Tefft in 1986 and has 2,000 customers, mainly in the US, although some are in Canada and Mexico. PCST’s chief operating officer Ken Good, a 25-year veteran of the industry, will lead AMCS’s new division.
On its website, PC Scale says it started in 1986 as a division of Scale Systems, Inc.,and that its first software package designed for the solid waste industry was installed at a transfer station in the suburbs of Philadelphia.