Deal Details: OBMG has been acquired by Salute Mission Critical. Deal consideration was not disclosed.
OBMG is an Athlone-based provider of commissioning services for mission-critical facilities such as data centres. It was owned by Michael O’Brien and Gareth McGowan. It does not report turnover or EBITDA information.
Salute Mission Critical is a US-based provider of data centre services. It was founded in 2013 by Lee Kirby and Jason Okroy. The business has over 1,000 employees and serves over 330 client sites.
Legal: BHSM LLP led by Joe McVeigh, Sinéad Mannion and Nadine Cannon.
Corporate Finance: Cantwell Corporate Finance led by Paul Cantwell.
Salute Mission Critical:
Legal: DLA Piper led by Eanna Mellett.
Renatus Comment: Irish service providers to data centres and mission-critical infrastructure operators, continue to be in high demand, with this deal following the recent acquisition of RWL Advanced Solutions by Genuine Cable Group. As mentioned in relation to the PowerPoint Engineering deal above, there were 82 data centres in operation in the country as of June this year, with the majority owned by some of the world’s largest multinationals such as Amazon, Google and Facebook. The service provided by these Irish firms is truly world-leading and it is no accident that some of the world’s largest technology companies entrust many of their critical assets to Irish hands. Source: Salute Mission Critical Press Release