Telcom Group DAC 1999 has been acquired by Radius Payments Solutions

The founder of Telcom Group DAC 1999 has sold the company to Radius Payments Solutions.

Telcom DAC is a privately owned carrier for voice and data services, targeting the B2B market. Its robust ICT infrastructure equips it to directly manage fiber services of up to 1 Gbit to companies across all sectors and industries. The company offers a full service wrap, including direct managed fiber, business broadband, MPLS, SD WAN, cloud telephony, SIP/VoIP ISDN and voice calls. Telcom DAC’s support center is staffed live by qualified engineers who have full visibility from the users’ desk to the end termination, providing a complete end-to-end solution from one support center.

Radius started more than 30 years ago as a fuel card company (UK Fuels) supplying diesel to transport companies. It is now a diversified supplier of key business services to companies of all sizes and operates in 18 countries across the globe, with customers in nearly every sector of the market. The business is now split into five key divisions: fuel, telematics, telecoms, insurance and, most recently, electric vehicles. A central theme across these divisions is that the company uses technology to differentiate itself in the marketplace to improve products, customer service and competitiveness.

Oaklins’ team in Ireland acted as the exclusive sell-side advisor to Telcom DAC.