Fusion5, an Aotearoa New Zealand-based Oracle specialist, has acquired Liberate I.T. for an undisclosed amount.
The company, which also has offices in all of Australia’s major cities, made the acquisition to strengthen its portfolio through Liberate I.T.’s NetSuite capabilities.
“Acquiring Liberate I.T. is part of an ongoing growth strategy for the business,” said Grant Robertson, executive director of NetSuite and corporate performance management at Fusion5, via press release.
“We’re very excited about Liberate I.T. joining forces with us. Our combined resources and NetSuite expertise will provide new and existing customers with even more services and support.”
This is Fusion5’s second major acquisition in the last two years. Last year, it snapped up the Adelaide-based consultancy, Empyreal Solutions.
It is the company’s first acquisition since new CEO, Sven Martin, took the reins in May.
New Opportunities for Liberate I.T.
Liberate I.T. currently serves 120 customers across Australia and New Zealand and has 30 staff.
All staff will be retained under the acquisition, with Liberate I.T.’s team joining the Fusion5 teams in Auckland, Wellington, Christchurch, Brisbane, Sydney, and Melbourne. The acquisition is effective immediately.
Liberate I.T. owner and director, Jim Brodie, said the acquisition would be a positive opportunity for all staff. “Combining our companies makes sense,” he said. “It provides additional capability and support for our customer base and exciting opportunities for the Liberate I.T. staff.”
More Consolidation to Come
This acquisition comes after a spate of high-profile acquisitions across the APAC region. As was recently reported on Channel Insider, Atturra completed its Somerville acquisition in April. Additionally, First Focus acquired eStorm and, in Singapore, Wireless Logic took over Blue Wireless.
Other MSP deals for the year to date include global consultancy, Thoughtworks, acquiring AWS specialist, Itoc, and Atturra’s subsidiary, Veritec, acquiring Melbourne-based Microsoft partner, Hammond Street Developments.
It would seem that consolidation in the APAC channel, particularly in the MSP space, is only gaining momentum as organisations seek to broaden what they can offer the market.