The new owner of disaster emergency company ICM Computer Group has helped several companies to continue operating during this summer's flooding.

The company said many of its clients made use of its services during the extensive flooding suffered by areas in the Midlands, East and South Yorkshire during June and July.

Phoenix IT, based in Northampton, took control of Birstall-based ICM in April in a deal valued at £107.8 million.

Phoenix provides systems and facilities which allow businesses to continue operating and trading in times of crisis or emergency.

A spokesman said: "The recent devastating flooding in many areas of the country serves to emphasise the importance of the group's business continuity services.

"We are delighted to report all of our clients' requests for disaster recovery assistance were successfully fulfilled and our affected clients have been able to operate despite the flooding.

"The board remains confident that, given the complimentary nature of disaster recovery, business continuity and IT solutions and support services, the combination and integration of the group and ICM businesses will provide the potential to exploit the substantial opportunities in the business support and IT markets."

Phoenix IT also announced its largest ever continuity contract to date, signing a £12million deal with a London-based investment bank.

The contract will take effect from November and will see Phoenix deliver a combination of dealing, back office and syndicated work area positions.

Late last month Phoenix posted a six-month pre-tax profit of £2.4 million.

The company said the acquisition of ICM, among others, had led to a 57 per cent increase in revenues.

ICM rose to prominence following events such as the London bombings of 2005 and other freak weather occurrences.

Its takeover by Phoenix was one of the most hotly contested legal battles of the year so far, with the Northampton company vying with a team of the firm's directors for control, with Phoenix eventually securing the backing of shareholders.