Viatel acquires connectivity service provider WiFiber
The Viatel Group, Ireland’s leading independent provider of connectivity, cloud and security solutions, has today announced the acquisition of Wifiber Limited.
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Wifiber is a business and residential broadband connectivity service provider based in Co. Wicklow, bringing a top class service to both business and residential customers across the east coast region. In addition, Wifiber serves key business segments and counts The National Concert Hall, DLR County Council, EastCoast FM, RTE and CRH amongst its business customers. Wifiber has a strong position providing connectivity services to the Events Industry, working with many of Irelands leading Event and Festival teams and contributors, including the National Ploughing Championships, Bloom, the Aviva Stadium, Electric Picnic, Longitude and Body & Soul festivals.
Paul Rellis, CEO of Viatel welcomed the Wifiber team and customers to Viatel. “Together we can partner to bring even more value to our customers across the business and consumer sectors. Customer service and satisfaction is extremely important to both companies and makes us a great fit. We are delighted that Nikki Thullier, the founder of Wifiber, and his team will remain with the business as we build into the future”
Nikki Thullier CEO and founder of Wifiber said “We are delighted to join the Viatel family, I am immensely proud of the business we have built. Our team is passionate about providing a personable, strong and reliable service to our customers. This, I believe, will be the keystone to a successful partnership with Viatel and Digiweb, who share Wifiber’s ethos and passion. Wifiber are looking forward to working with Viatel to expand our service.
While the financial terms of the deal have not been disclosed, post-acquisition the Viatel Group revenues are forecasted to exceed €65 million in 2022.
Venture Legal Services acted for Viatel in the acquisition, with James Cahill from Montgomery Solicitors acting for WiFiber. Viatel's expansion strategy, including this transaction, continues to be supported by AIB Capital Markets.
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About Viatel nViatel is the leading independent, Irish-owned provider of connectivity, cloud and security solutions. Viatel serves respected Irish companies, multinational corporations and public sector bodies. Specifically, Viatel has deep strengths in servicing the healthcare, financial services and education sectors.
The group employs over 265 people across Ireland with locations in Dublin, Dundalk, Cork, and Limerick. A Deloitte Best Managed Company, Viatel operates a national and international network alongside it’s owned Data Center facility located at their Blanchardstown site. Viatel’s valued customers include Centric Health, CPL, Voxpro, Kingston International and the Departments of Agriculture and of Education. See what Viatel’s customers say about them at https://www.viatel.com/customer-stories and find out how Viatel can help your business at https://www.viatel.com/.
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nAbout WiFiber
Founded in 2016 WiFiber is a leading connectivity and comms service provider with head office in Co.Wicklow. They provide a range of connectivity services to both business and consumers across both urban and rural areas. WiFiber are the provider of choice for the events industry, supporting the core connectivity and axillary services for prestigious events including the National Ploughing Championships, Electric Picnic, Body and Soul along with large scale sporting events.
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MEDIA CONTACTS
Viatel Ireland Limited
Damien McCann
Director of Sales and Marketing
086 6069454
