Wellington IT was co-founded by Alex Dunne and Kevin Taylor in 1987 in Ireland. They are the leading software supplier to credit unions in Ireland, and were acquired by Vencora in 2017.
Wellington IT is the leading software supplier to Credit Unions in Ireland. Their solutions help manage processes associated with member services including online banking, smartphone apps, and full access to national clearing.
Wellington IT was co-founded by Alex Dunne and Kevin Taylor. After 30 years at the company’s helm, they realized that it was time to start thinking about succession planning. After meeting with representatives from Vencora, Wellington IT’s leadership team was immediately impressed by their professionalism and felt that Vencora was a natural home for their business.
Post-Acquisition Success
Since joining Vencora, Wellington IT has seen significant business growth. In fact, financial results for each of their first three years at Vencora were the best in their 30-year history, doubling their revenue. This was due to developing a deeper understanding of their customers and their needs, which allowed for meaningful pricing discussions with the customer.
Financial results for each of their first three years at Vencora were the best in their 30-year history, doubling their revenue.
Wellington IT also developed a strong commitment to understanding and developing ratios and KPIs to monitor performance and highlight areas that need attention.
Since acquisition, Wellington IT focused on getting the right people in the right roles. They were given support by Vencora to invest in staff learning and development, and in creating new roles, especially in Sales, Marketing and HR.
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