Voly Group, provider of financial management solutions for the yachting industry, has acquired Voyonic, provider of maritime payroll and crew services.
The acquisition is a step forward in Voly’s plan to consolidate market-leading products under one umbrella, enhancing crew services, and driving innovation through cutting-edge technologies.
With the addition of Voyonic, Voly Group extends its Software as a Service (SaaS) offerings to include multi-jurisdiction payroll capabilities.
Voyonic was founded in 2007, and provides a range of services, including payroll, crew management, crew logistics, training, and employee services.
“Voyonic has always prided itself on the quality and robustness of the employment services that we provide,” said Neil Carrington, Voyonic MD.
“Recognising that in order to develop further, we required more technological solutions, a search began a few years ago to find the right partner.
The acquisition of Voyonic is a pivotal step in advancing our strategic vision.
Ian Flanagan
“Fortuitously Voly Group were seeking added value services for their clients and after the initial meeting with Ian, it was an obvious perfect match and a vision myself and the Voyonic team are aligned with.
Ian Flanagan, founder and CEO of Voly Group, added: “The acquisition of Voyonic is a pivotal step in advancing our strategic vision, enabling us to introduce cutting-edge technologies for crew services.
“This transformation will revolutionise the management of payroll and employment services across the maritime industry, from streamlining how crew members log their workdays to modernising how they receive their pay.”
The announcement follows on from Voly’s acquisition of Pinpoint Works, a worklist management platform which led to the integration of their two flagship software programs.
“Payroll was the next client-driven request, and it was crucial that we started with the best solution available,” added Ian. “Voyonic fits this bill perfectly.”
