ActionPoint, situated in Limerick, has been acquired by Viatel, Ireland’s premier independent provider of broadband, cloud, and security solutions.
“We are happy to be joining the Viatel family and building this new Digital Services platform,” said ActionPoint CEO David Jeffreys. This new chapter in ActionPoint’s journey allows us to expand our team in IT, Software Development, and Digital Transformation while serving our customers better. We’ve worked with Viatel on several projects and were always satisfied with their professionalism and customer service. To supply the whole stack of digital services from data centres and connectivity to cloud, productivity and true digital transformation, we must join forces.
ActionPoint, based in Castletroy, Ireland, develops cutting-edge software and manages IT for over 500 clients, including many of Ireland’s and the UK’s major businesses and public sector groups.
ActionPoint’s founders will continue to drive the ActionPoint business while offering exceptional innovation and expertise to existing and new customers. In 2022, the Group will make more purchases in Ireland, but more crucially, it will focus on overseas markets.
Important for Ireland as Viatel and ActionPoint look to young Irish tech talent to assist extend their global offerings.
ActionPoint bought ICT Project Management in November.
“Today our workforce rises from 160 to 260 people!” remarked Viatel CEO Paul Rellis. We’ve always admired ActionPoint’s team and culture. They are a unique team and firm. They have created a compelling market proposition, and combining forces makes sense for both organisations.
Customers can anticipate a true end-to-end service with Viatel’s strong foundations in telephony, communications, and connectivity backed up by ActionPoint’s skills in software development, Azure Cloud, and digital transformation. The customer-centric philosophies of both organisations made this alliance possible, and we are delighted to bring even better service to Viatel and ActionPoint customers.”
The deal’s financial details remain unknown, although Viatel’s post-acquisition sales are expected to exceed €65 million in 2022.
Viatel was advised by Venture Legal Services and Grant Thornton, while ActionPoint was advised by Holmes and Deloitte. AIB Capital Markets is backing Viatel’s expansion plans, including this deal. growing its personnel in Ireland and the UK to 100. the DFA and Ireland’s biggest credit unions