Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

TPT Group acquires IT Engine

TPT Group acquires IT Engine


TPT Group is pleased to announce the acquisition of IT Engine, a Wellington based IT services business.

The IT Engine business dates back to 1997 when it was originally called Quay Corporate, rebranding to IT Engine in 2012. IT Engine specialises in cloud, backups and recovery, hardware, mobility, and is an award-winning business.

The business has been recognised through multiple awards including 2017 Winner of the Microsoft Midmarket Cloud Solutions, 2016 Finalist – Microsoft Midmarket Cloud and in 2014 Winner of the Microsoft Server Platform and Small Business awards.

Mike Marr, parent company TPT Group CEO, commented that “TPT Group continues to invest in the future innovation space and IT Engine complements our existing IT business and our electronic security business Advanced Security. This acquisition will further increase our market capability and will allow us to further develop our range of new innovative products”.


The IT Engine name will become the nationwide brand for our information technology services business and staff will remain with the business as it is integrated into the group.


Delia Gill of IT Engine added “The IT Engine team is very excited to be joining the TPT family. Not only are we looking forward to adding value to this growing innovative group of people, we are excited about the opportunity that this gives us to extend the IT Engine brand”.


TPT Group, Independent Chairman Graeme Hansen commented that “This is another significant step in extending TPT Group’s service offering to our customers in a rapidly changing world. It evidences our commitment to meet, and even anticipate, customer requirements.”


Parent company TPT Group acquired electronic security business Nelbay Solutions in July, Auckland based IT company Sentinel Technologies in late 2017, following a string of other acquisitions around New Zealand including Concord Security in 2016, Struthers Electronics & Security in 2014 and Systems.Com in 2010.


With this acquisition the group will have 18 offices across New Zealand.


The Advanced Security business also carries out significant IT services and is New Zealand’s largest dedicated corporate and industrial electronic security provider, with many high-profile corporate and government clients.


About TPT Group

TPT Group was formed in 1999 and since inception has acquired ten businesses, has had eight successful start-up businesses, with two more currently underway. The group is proudly New Zealand owned and passionate about building a great business.

TPT Group has a focus of future innovation and believes that’s such businesses, solutions and products result in new careers and job security that can only be great for New Zealand.

The group has successfully integrated multiple businesses, providing the right experience, structure and resources, to facilitate growth.

TPT Group today owns businesses in the electronic security, SaaS, technology, finance & leasing, information technology, asset inspection, and commercial industrial property sectors.

Businesses include Advanced Security Group, Technology Leasing (NZ) Limited, Promessa Property Group Limited, ASGSPL Limited, ASG Technologies Limited, VigilAir Limited, Asset Insight Limited, IT Engine and TPT Group Investments Limited.


ENDS


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

"Broad-Based Growth": GDP Rises 1 Percent In June Quarter

Gross domestic product (GDP) rose 1.0 percent in the June 2018 quarter, up from 0.5 percent last quarter, Stats NZ said today. This is the largest quarterly rise in two years. More>>

ALSO:

Judicial Review: China Steel Tarrif Rethink Ordered

On 5 July 2017 the Minister determined not to impose duties on Chinese galvanised steel coil imports. NZ Steel applied for judicial review of the Minister’s decision. More>>

Debt: NZ Banks Accelerate Lending In June Quarter

New Zealand's nine major lenders boosted lending at the fastest quarterly pace in almost two years as fears over bad debts subsided. More>>

ALSO:

Balance Of Trade: Annual Current Account Deficit Widens To $9.5 Billion

New Zealand’s current account deficit for the year ended June 2018 widened to $9.5 billion, 3.3 percent of GDP, Stats NZ said today. More>>

ALSO: