Viatel acquires MJ Flood Technology

MJ Flood Printing & Imaging and Security to continue under current ownership

Trade

Pictured (Front): Gina Laverty, Paul Rellis, Eilish O’Connor, Damien McCann. (Back): Declan Campbell, Sergiusz Paprzycki, Jeanette Naughton, Viatel

Viatel Technology Group, the leading digital services provider, today announced the acquisition of MJ Flood Technology, from the MJ Flood Group. Financial terms of the deal were not released.

MJ Flood’s credentials include being named Microsoft’s modern work partner of the year and partner of the year for calling, meetings & devices for Microsoft Teams. MJ Flood’s customer base, particularly in the financial services, healthcare, and education sectors, further expands Viatel’s reach. 

Paul Rellis, CEO, Viatel Technology Group, said: “MJ Flood has a long history, best in class solutions, and a highly skilled team. We are confident that our mutual dedication to excellence and service will make them feel right at home with us.  I am delighted that James will join our Senior Leadership Team, and together, we’ll build something truly special for all our customers.

“With the addition of MJ Flood Technology, we are delivering on the bold vision we have for this business. We intend to become the leading cybersecurity, connectivity and digital services business on these islands. Once all necessary approvals are in place, this acquisition will boost our capacity to deliver huge value for customers in networking, cybersecurity, cloud, and Microsoft solutions”. 

James Finglas, managing director, MJ Flood Technology, said: “Joining Viatel creates new opportunities for our customers and staff. They can expect the same exceptional service and technical expertise they’ve come to rely on, now backed by Viatel’s broader capabilities.”

MJ Flood Technology was founded in 1998 as part of a group diversification strategy. The MJ Flood Group and its remaining divisions, including MJ Flood Printing & Imaging and MJ Flood Security, will continue to trade under current ownership.

This acquisition is the ninth such deal by Viatel since 2020. It follows strategic investment by Macquarie Capital December 2023. Macquarie’s investment was earmarked to support the continued growth and expansion of the Viatel business in Ireland and overseas.

The transaction is subject to regulatory approvals and is expected to close by mid-2024.

TechCentral Reporters

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