The Viatel Technology Group is delighted to today announce the acquisition of Dublin based IT Services firm, supportIT for an undisclosed sum.
The deal will further strengthen Viatel’s position as Ireland’s leading digital services group, offering connectivity, cloud, managed services, security, and software development services to businesses nationally and internationally.
Today’s announcement follows Viatel’s acquisition of digital transformation services provider, ActionPoint, in January of this year. ActionPoint will partner closely with supportIT under the latest deal.
“We are delighted to announce this acquisition, which shows the continued belief we have in our ActionPoint team and business, and points to a bigger growth opportunity for us all”, said Paul Rellis, CEO of the Viatel Technology Group.
This is the seventh acquisition in just two years for the Viatel Technology Group and further accelerates their platform development in the Irish market. While no financial details of the acquisition have been disclosed, it is understood this acquisition sees the Viatel Technology Group revenues approach €70 million annually.
“We are delighted to be teaming up with supportIT”, said David Jeffreys, CEO of ActionPoint.
“Joe and the team have built a reputation for excellent customer service and technical expertise over the last 18 years, and we are bringing ActionPoint’s capability to supportIT’s service offering, while simultaneously expanding our footprint in Dublin”, Mr Jeffreys added.
L-R: CEO of Viatel Technology Group Paul Rellis, CEO of supportIT Joe McGivern & CEO of ActionPoint David Jeffreys. Photo by Andres Poveda.
Speaking of the acquisition, supportIT Managing Director, Joe McGivern said: “We are delighted to be partnering with ActionPoint and the Viatel Technology Group in the next chapter of our journey and bolstering our service offering with Digital Transformation and Software Development expertise.”
“This is a very exciting day in the history of our company. From the beginning, supportIT has been focused on helping businesses get more from their IT by providing simplified effective solutions, with a hard focus on superior customer experience,” Mr McGivern added.
SupportIT was founded by Joe McGivern in 2004. Headquartered in Dublin and supported by their Sligo office, supportIT specialises in the design, implementation and maintenance of IT Services for a wide range of businesses. The Company provides services to over 200 clients across a wide range of sectors including Non-profit, Financial Services, Manufacturing and Distribution.
Venture Legal Services acted as counsel for Viatel in the acquisition.